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US Mortgage Corporation committed to reverse channel, new HECM head says

Housing Wire

To go deeper into the company’s renewed efforts in the space, RMD sat down with Krajewski and US Mortgage Corporation President Scott Milner about the groundwork the company is laying in the reverse space today, and what it hopes to achieve from it tomorrow. Proprietary product offerings are on the table as well.

Mortgage 340
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Grow your origination volume in all markets with non-QM

Housing Wire

Maybe it’s time to take a deeper look into what non-QM actually means and how it’s moving the needle for your competitors. Realtors , small business owners, gig workers, freelancers, real estate investors, CPAs, doctors and lawyers with their own practices all could be a non-QM borrower. workforce is changing. today – and growing.

Marketing 403
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AutomatiQ Borrower from CoreLogic provides verification data and decision analysis all in one platform

Housing Wire

The platform was built focused on two key aspects: what data do lenders need, and why do lenders need this data? It also performs all the calculations per specified investor guidelines, with transparency in calculations. To learn more about AutomatIQ Borrower, visit [link]. Does the borrower have the propensity to pay?

Design 359
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As rates climb, how are non-QM lenders faring?

Housing Wire

Lind said Acra’s investor loan percentage has increased from about 37% in 2022 to nearly 48% this year. Lind said Acra’s investor loan percentage has increased from about 37% in 2022 to nearly 48% this year. We’re getting more of the mom-and-pop investors, and it tells me that they have confidence in the housing market,” he said. “I

Lending 373
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3 unique mortgage products to get today’s homebuyer qualified

Housing Wire

HousingWire: What factors are contributing to borrowers falling out of the Agency market? Specific factors include higher debt-to-income ratios, self-employed borrowers who can’t qualify using tax returns, less than seven years out of a credit event such as a foreclosure, or real estate investors with more than 10 properties.

Mortgage 384
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What’s in store for non-QM in 2024?

Housing Wire

Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. HW: What are the strengths of the non-QM sector? with 85% owned by individual investors and LLCs based on 2021 U.S. Census Data.

Investors 418
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WSFS president talks motivation for reverse mortgage survey, potential future action

Housing Wire

To get a better idea of what motivated the survey and its desire to learn more about reverse mortgages, RMD sat down with WSFS Mortgage President Jeffrey Ruben. In terms of what motivated the company to conduct the survey, Ruben describes a perceived disconnect between the utility of the product category and its reputation.

Mortgage 371