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Non-QM Mortgage Leaders Discuss How to Profit in Growing Space

“Non-QM” mortgages, or mortgages that are not required to meet the Consumer Financial Protection Bureau’s standard documentation procedures, have nearly doubled their share of the mortgage market in 2022. So reports TheMReport.

CFPBNon-QM mortgage leaders sat down to discuss how this space can be lucrative, including Deephaven Mortgage chief sales officer Tom Davis, Newrez co-head of production Jeff Gravelle, GO Mortgage CEO Michael Isaacs, and Plaza Home Mortgage’s wholesale division president Jeff Leinan. “The non-QM market has not been this robust since the definition of non-QM was created by the Dodd-Frank Act in July of 2010," Isaacs said.

Read the full article from TheMReport.

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