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.
Confidence in Motion: How Verus Turns Non-QM Capability into Results
What Makes a Non-QM Capital Partner Reliable? A reliable non-QM capital partner is one that executes consistently: complex files close on time, rate locks hold, and technology reduces work instead of creating it. Verus Mortgage Capital has built that kind of reliability over a decade of purchasing non-agency loans, more than $34 billion in volume,Read More
Building the Infrastructure for the Non-QM Lending Industry’s Next Chapter
What Does It Take to Scale Non-QM Lending? Scaling non-QM lending takes more than competitive loan programs. It takes infrastructure: the technology, underwriting capacity, and workflows that let a capital partner deliver fast, consistent execution as volume grows. The non-QM market has spent the last several years proving itself. What was once treated as aRead More
Built for This Market: How Verus Helps Brokers Scale Non-QM Lending When It Matters Most
Peak purchase season is here. Pipelines are filling up, borrowers are motivated, and the window to close business is narrow. For brokers who have built a non-QM practice, this is the moment everything either comes together — or doesn’t. The problem isn’t opportunity. There’s plenty of it. The problem is execution: finding a non-QM partnerRead More