Estimated reading time: 0 minutes, 32 seconds

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.

Read 782 times
Rate this item
(0 votes)

FOLLOW US

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.