Non-QM loans are an appropriate option, not a last resort.
Non-QM loans gain market share as bank-statement and DSCR programs broaden broker channels, increasing private-lender originations and yield opportunities.
CRMLS takes action against Compass; will other MLSs follow?
Industry leaders are responding as CRMLS seeks to stop Compass from pursuing a court challenge to MLS rules, framing the dispute as a broader contest over who controls listing governance and data access. The clash highlights core tensions between large platform-style brokerages and traditional [...]
June Point Lending expands DSCR loans in California.
A wholesale non‑QM lender has expanded its product set by offering DSCR loans across 19 states, bringing debt‑service‑coverage‑ratio qualification into a broader wholesale channel. The move provides mortgage brokers with access to an asset‑performance underwriting tool that measures property cash flow rather than traditional [...]
Rocket Pro’s Power Play introduces Orbit rewards.
Mortgage originators are rolling out a compact suite of borrower-focused concessions designed to smooth the application-to-commitment journey and reduce immediate consumer costs. The package highlights eligible EPO fee protection to mitigate certain early lock-related charges, same-day conditional approvals to accelerate underwriting and shorten time [...]
CRMLS asks court to block Compass antitrust claims.
The Multiple Listing Service has formally asked a New York federal judge to issue a declaratory judgment that its operating rules are procompetitive and comply with antitrust law. In its filing the MLS frames its policies as mechanisms that enable broad market access, standardized [...]
Alex Vidal explains why REMAX and Real could be stronger together.
He joined after the closing that created Real REMAX Group, stepping into a consolidated ownership structure while both legacy brands continue to operate under distinct identities. That arrangement reflects a deliberate strategy to preserve brand equity and customer recognition even as the parent entity [...]
Two Harbors countersues UWM to recover $25.4 million breakup fee.
Two Harbors sues UWM to recover a $25.4M breakup fee and damages, alleging UWM hid financial and derivatives hedging risks—implications for lenders review
The Loan Store rebrands as Averra Financial.
A wholesale lender reported a 68% increase in non‑QM originations over the comparable period, reflecting a pronounced uptick in demand channeled through brokers and wholesale partners. The jump suggests robust investor appetite for non‑QM paper and indicates the lender has successfully expanded product offerings [...]
Christine Jensen discusses HECM reform and borrower misconceptions.
Jensen frames the 2% upfront mortgage insurance premium as a strategic affordability lever: it raises initial cash needs but can meaningfully reduce recurring mortgage insurance costs and monthly payments for borrowers who intend to hold the loan long-term. She cautions that the upfront option [...]
Study finds 43,000 affordable Pennsylvania homes may lose restrictions.
PHFA: 43,000+ fed-assisted PA rental units in 980 properties face expiring affordability restrictions—potential private-lender opportunities for investors.