LoanStream Continues to Break Barriers and Releases New Proprietary Products
Non-QM lenders have been dropping interest rates rapidly this month as they seek an edge in meeting the demands of aggregators and bond investors, according to four lenders.
Non-QM RMBS Issuers to Lenders: More loans, please
Non-QM lenders have been dropping interest rates rapidly this month as they seek an edge in meeting the demands of aggregators and bond investors, according to four lenders.
Angelo Gordon Brings MBS with Slightly Seasoned Non-QMs
An affiliate of Angelo Gordon and Co. is set to issue a $226.9 million mortgage-backed security with product that has seasoned for an average of five months. About half of the loans are non-qualified mortgages.
LoanStream Mortgage Provides Liquidity for Non-QM Market Space
LoanStream Mortgage has expanded its product offering to fill the void left by many who have exited the Non-QM space.
Lenders Broaden Non-QM offerings, Loosen Credit as market stabilizes, article by Debtwire
The revival of non-QM securitizations is helping to start a chain reaction of whole loan sales and the return of more originators.Recent deals from Angel Oak, Invictus Capital Partners, and Starwood Property Trust showed that investors are backing off the worst-case scenarios for the non-agency loans as the nation struggles with the COVID-19 pandemic, said two investors.
Orphaned Non-QM Loans Moving with Securitizations Back, article by Debtwire
The revival of non-QM securitizations is helping to start a chain reaction of whole loan sales and the return of more originators.Recent deals from Angel Oak, Invictus Capital Partners, and Starwood Property Trust showed that investors are backing off the worst-case scenarios for the non-agency loans as the nation struggles with the COVID-19 pandemic, said two investors.
LoanStream Included in Recent Non-QM Article by Debtwire
Lenders including LoanStream Mortgage, ACC Mortgage and First National Bank of America have maintained a non-QM presence, albeit with significant tightening of underwriting guidelines and higher rates. Notable for the lenders whose loans are often destined for portfolios is a marked drop in available loan-to-value ratios, to 70% or 75%, from levels as high as 95% for borrowers with compensating
LoanScorecard Partners with LoanStream Mortgage to Power QualONE
LoanScorecard®, the lead provider of non-agency automated underwriting systems (AUS) – owned by Calyx (solution provider of Loan Origination Software – Point), today announced that it has partnered with LoanStream Mortgage (LSM) to power LSM’s pricing and scenario tool, QualONE.
