Verus Mortgage Capital Doubles Issuance, Increases Bond Investor Participation by 60 Percent in 2019

Leading non-QM issuer closed 14th and 15th RMBS Transactions

Washington, D.C. – January 6, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM, investor rental and fix and flip loan programs, finished 2019 strong. It recently finalized its 14th and 15th rated RMBS (residential mortgage-backed securities) transactions for $533.5 million and $680.7 million respectively.

Verus is the largest non-QM issuer with almost $3.8 billion of collateral across seven transactions in 2019 and 15 transactions overall, and nearly $6 billion overall securitization volume. Compared to 2018, Verus has more than doubled its shelf issuance and increased participation from unique bond investors by more than 60%.

The 14th transaction, Verus 2019-INV3, for $533.5 million was comprised of 1,564 investor loans. The 15th transaction, Verus 2019-4, for $680.7 million was comprised of 1,451 loans.

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 $6 billion in expanded, non-agency loans since its inception. In addition, through its affiliates, VMC has completed 15 rated securitizations. Mortgage bankers can learn more about VMC’s investor products by visiting www.verusmc.com.

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Verus Mortgage Capital Launches Loan Scenario Tool

Washington, D.C. – October 16, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor rental programs, has launched a new loan scenario tool on its website, www.verusmc.com. The scenario tool allows mortgage lenders to enter information including their borrower’s credit score, LTV, loan amount, property type and more. AllRead More

Verus Mortgage Capital New Prime Jumbo Program

Washington, D.C. – September 22, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor rental programs, has just introduced its new Prime Jumbo Program that offers low rates for high-valued homes where loan balances exceed agency limits. VMC’s Prime Jumbo Program’s features include loan amounts up to $3 million,Read More

How to respond to conditions

This short video will review how to respond to conditions pre and post close.

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