Verus Mortgage Capital Launches Newly Redesigned Website

Washington, D.C. – April 19, 2019 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor lending solutions, has just launched a new website that has been completely redesigned to improve site visitors’ overall online experience.

The new website, www.verusmc.com, features a fresh, modern design and includes a blog that offers relevant non-QM information.

“We’re focused not only on growing our firm, but we’re also committed to growing the non-QM market,” said Dane Smith, President of VMC. “To that end, we’ve enhanced our website with helpful tools and information so that correspondent lenders can clearly see and understand the tremendous opportunity responsible non-QM presents.”

 

About Verus Mortgage Capital

Founded in 2015, Verus Mortgage Capital (VMC) is a non-QM correspondent investor backed by Invictus Capital Partners, a leading investment firm. VMC purchases loans in all 50 states and the District of Columbia and focuses solely on the non-agency market. It offers correspondent lenders a wide range of home financing products for credit worthy borrowers.

The Washington, D.C.-based company, with operations located in Minneapolis, has purchased in excess of $5 billion in expanded, non-agency loans since its inception. In addition, through its affiliates, VMC has completed nine rated securitizations. Mortgage bankers can learn more about VMC’s investor products by visiting www.verusmc.com.

Uniform Residential Loan Applications Delayed and Will Not Begin July 1, 2019

At the direction of the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac (the government-sponsored enterprises, or GSEs) are communicating that the optional use period for the redesigned Uniform Residential Loan Application (URLA) form and corresponding datasets will not begin on July 1, 2019 as previously scheduled. Download pdf version.

Verus Mortgage Capital Completes $609.2 Million RMBS Transaction

Top non-QM securitizer pushes volume to approximately $4 billion Washington, D.C. – June 12, 2019 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM, investor rental and fix and flip loan programs, has finalized its 11th rated RMBS (residential mortgage-backed securities) transaction for $609.2 million. The transaction was comprised of 1,204 loansRead More

Verus Mortgage Capital Expands Investor Solutions and Renovation Loan Program

Washington, D.C. – June 6, 2019 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM, investor rental and fix-and-flip loan programs, has announced updates to its short-term business purpose that will simplify processes for lenders substantially. Verus’ expanded RTL program has several new benefits: Clarity for lenders on what the exact upfrontRead More

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