Non-QM goes mainstream

On this episode, Editor in Chief Sarah Wheeler talks with Reporter Connie Kim about the growing popularity of non-QM loans and how lenders and tech companies are trying to streamline the traditionally heavy lift of non-QM underwriting. With some experts predicting that non-QM will become 1/3 of the market by the end of the decade, the two also discuss how the GSEs might become involved as part of their duty to serve. 

HW Media Articles related to this episode:

• The looming non-QM commoditization question
• Do the GSEs need to start thinking about non-QM borrowers?
• Some mortgage companies expanding despite challenges