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.

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Partner with Verus to Grow Your Business

Watch this short video to see why all you need is Verus to get started in Non-QM.

Still Questioning if Your Company Should Originate Non-QM Loans?

Still Questioning if Your Company Should Originate Non-QM Loans? Verus Mortgage Capital Explains Why Now Is The Perfect Time   The MBA is predicting a 9% purchase increase this year, and a 62% decrease in refinances. If that dramatic shift isn’t enough to make you turn to non-QM, consider this:   Need #1: Decreasing ProfitRead More

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