What's next as banks tighten non-QM guidelines?
Other lenders poised to withstand ‘choppy’ waters, says executive
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Other lenders poised to withstand ‘choppy’ waters, says executive
CEO says sector has proven well poised to withstand volatility
"So much of our industry is sales and marketing first. I knew that thinking about risk first was the only way we were getting through this."
Despite the hardscrabble market realities facing SFR and fix-and-flip investors last year, 2024 could prove to be the year a rebound occurs — even if its full effect is not realized until later in the year.
Non-QM is a smaller, niche market, but it benefits from having a variety of loan products and more flexibility than the GSEs.