Leading non-QM issuer resumes investing after temporarily suspending operations at onset of pandemic Washington, D.C. – August 4, 2020 – Verus Mortgage Capital (VMC), a full-service correspondent investor offering residential non-QM and investor rental programs, has begun purchasing non-QM loans again after a short pause at the beginning of the pandemic. It is actively investingRead More
In light of continued market fluctuation due to the COVID-19 pandemic and the impact it has had on the global economy, effective immediately VMC is suspending all lock and funding activity until further notice. In addition, please note the following: the purchase of any mortgage loan and the final pricing for any mortgage loan offeredRead More
There are two main steps in submitting an exception. This video will review the process to submit the request to an investor.