Failures raise questions about the viability of a small but growing corner of the mortgage business that largely serves self-employed borrowers.
Source: Inman News
Sprout Mortgage is 2nd non-QM lender to implode in as many weeks
More from A&D MortgageMore posts in A&D Mortgage »
More from Impac MortgageMore posts in Impac Mortgage »
More from Industry NewsMore posts in Industry News »
More from jumbo loansMore posts in jumbo loans »
- Wells Fargo is about to emerge from the regulatory woods
- Jumbo mortgage rates rise as lenders pull back
- Treasury Secretary: Commercial real estate will suffer ‘some pain’
- Ongoing doubts about soundness of regional banks rattle investors
- Luxury housing market plunges to new low as priciest inventory rises
More from Markets & EconomyMore posts in Markets & Economy »
- Dual licensing is on the rise. Is it the right move for your business?
- Change strategy as the market shifts to win the listings long game
- Shutdown blip, or worrying trend? Agent pipelines thin in November
- Homebuyers came out in force last week, and rates are trending down
- October was another slow month for pending home sales
More from MortgageMore posts in Mortgage »
- Bayview merger positions Guild Mortgage for refinancing boom
- Rep. Eric Swalwell sues Pulte, FHFA, Fannie Mae and Freddie Mac
- Homebuyers came out in force last week, and rates are trending down
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- Realtor who tipped Pulte to Schiff loans now a witness [EXCLUSIVE]
More from non QMMore posts in non QM »
- Pacaso plans to launch ‘bespoke’ co-ownership mortgage in Q4
- Pennymac takes a stake in Vesta, launches non-QM mortgages
- Chimera boosts non-QM presence with HomeXpress acquisition
- A&D Mortgage closes acquisition of Mr. Cooper’s 3rd-party channel
- Impac Mortgage kicked off of NYSE American exchange, shares plunge
More from non qualified mortgageMore posts in non qualified mortgage »
More from qualified mortgageMore posts in qualified mortgage »
- What is a 50-year mortgage? The pros and cons of Trump’s proposal
- Trump’s 50-year mortgage is ‘a big nothingburger’ for homebuyers
- PIMCO saw a bright future for now-bankrupt mortgage lender FGMC
- First Guaranty Mortgage cuts 76% of workforce, leaving partners in lurch
- Take your pick: Encompass handles both old and new qualified mortgage rules
More from SelectMore posts in Select »
- This team is jumping on the private listing platform trend (EXCLUSIVE)
- Redfin on 2026: Affordability improves, sales rise only slightly
- Dual licensing is on the rise. Is it the right move for your business?
- Future-proof your digital footprint for 2026 (and beyond)
- Change strategy as the market shifts to win the listings long game
More from Sprout MortgageMore posts in Sprout Mortgage »
More from uwmMore posts in uwm »
- Fannie and Freddie cleared to back loans of up to $832,750 in 2026
- DR Horton gets into AI mortgage tech with Tidalwave stake
- Homebuyers like ‘high-touch’ loan advisors equipped with tech tools
- AI helps UWM seize the day, make the most loans in 4 years in Q3
- Rocket Mortgage rolls out bullish $822,550 conforming loan limit
Be First to Comment