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.
Non-QM Lending in a High-Rate Market: How to Keep Pipelines Flowing and Margins Intact
It’s not secret that when interest rates rise, mortgage pipelines tend to shrink. Refinance activity slows down, rate-sensitive borrowers put their home searches on pause, and…
Looking Ahead: The 2026 Outlook for Non-QM Lending and Securitization
The housing market today is particularly challenging. Homebuyers are grappling with historically low inventory and strained affordability, while lenders…
Inside the Non-QM Secondary Market: Why Institutional Demand Is Stronger Than Ever
The non-QM market has come a long way. What was once considered a niche product category has evolved into a core institutional asset class….