Non-QM issuance on record pace, helped by 'fumbo' mortgages
Fake jumbo mortgages are helping non-agency securitization growth, but these loans could have higher than expected delinquency rates, an analysis said.
Park Capital's latest alt-doc RMBS raises $343.9 million
Of the alternative documentation used, bank statements looking back 12-23 months, accounted for 41.6% of that group.
Verification, AI Processing, Digital Closing Tools; Ways to Think About AI; Conventional Conforming News
Lenders often ask about improving their execution, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” MLOs occasionally ask about an online tool that can help potential borrowers understand the process. Here’s something for your new clients, especially those who are first-time home bu
Pamela Heman
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