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.
Verus Mortgage Capital Shares Why Non-QM is the Answer to Decreased Conventional Loan Volumes in 2022
Over the last few months, the mortgage industry has seen a real change. While volume continues to be healthy, conventional loans’ interest rates have risen and their spreads have decreased. Now, it’s a great time for lenders to consider expanding into non-agency loans.
This video explains how to properly upload and request a non-delegated underwriting review.
Choose the Right Partner and Expand Your Loan Offerings with Non-QM The 2021 mortgage market is expected to perform well throughout the year ─ even though total mortgage volume recently fell to its lowest point in 15 months, with declines seen in both weekly purchase and refinance activity, according to the latest data from theRead More