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Non-QM investors are “licking their chops” by using the information that the FHFA, through Freddie and Fannie, is requiring a more thorough lender assessment before approving condo loans beginning today. Non-QM is not. Who is going to say that information isn’t important? Lenders and the markets lik
Stronger Start on Iran News, Stronger Data Taken in Stride

Bonds opened the trading session in much stronger territory, following the drop in oil prices associated with another round of de-escalation hopes in the Iran war. The root cause was the cancellation of planned air strikes as well as comments that suggested a reopening of negotiations. As has been t
JPMorgan Chase pours in $750 billion for affordable housing

The investment is expected to bring a 40% increase to Chase Home Lending's mortgage capacity, with the addition of 850 new advisors, the company said.
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