A&D Market Digest for 5/2/22

Industry News Non-QM Loans
May 02, 2022
A&D Market Digest for 5/2/22

Alex Suslov, Head of Capital Markets, and Billy Abrams, President/CEO of ADM Securities, discuss recent and upcoming trends happening in the capital markets and their impact on the Non-QM loan market. Check out their discussion.

Market News

  • MND. March New Home Sales Decline Matched Expectations. New, single family home sales declined by 8.6 percent in March according to data released today by the Census Bureau. That seems like a fairly substantial shift, but in this case, the total annual pace of 763k was right in line with median forecast of 765k. There are a few other silver linings to the “-8.6%” cloud: sales continue to run above pre-covid levels; inventory improved to 406k homes (a 5.7-month supply) from 385k previously; sales remained in solid territory despite another record high for median prices as well as the sharpest rate spike since the 80s; the general trend remains positive.”
  • MND. Bigger Than Normal Drop in Mortgage Delinquencies. “Mortgage delinquencies hit a record low in March according to the “first look” report on mortgage performance released today by Black Knight. Hitting a record low is actually less interesting in this case because delinquency rates were already near all-time lows. More interesting is that in non-seasonally adjusted terms, delinquencies dropped by 15.5% — significantly faster than the historical that’s been just over 10% for the past 20 years.”

Upcoming Webinars

Making a BIG Impact: How to Qualify for Jumbo and Prime Jumbo Loans
🗓️ Tuesday, May 3, 2022
🕐 1 PM EST

With rising and record-setting home prices in many areas, borrowers are needing loans with higher loan limits. Learn why A&D’s Jumbo and Prime Jumbo loans can help you win more business in 2022.

Watch the recording here.

Correspondent Lending 101: Go Mini-Corr or Go Full?
🗓️ Tuesday, May 10, 2022
🕐 1 PM EST

The world of Correspondent lending is a different world filled with mini-corr, delegated, and non-delegated correspondent options. Have you been interested in becoming a correspondent lender of any type? This informative webinar will discuss the differences between each type and why A&D Mortgage is your perfect partner no matter which you choose.

Watch the recording here.

Helping Real Estate Investors with DSCR Loans
🗓️ Tuesday, May 17, 2022
🕐 1 PM EST

Learn how to use Debt Service Coverage Ratio (DSCR) loans to attract and qualify real estate investment clients.

Watch the recording here.

author Carl Holman

Written by

Carl Holman

Communications Manager

As A&D Mortgage’s Communications Manager, Carl Holman has more than 20 years of expertise in marketing, media relations, and communications, having spent 10 years of his career in mortgage lending and real estate. He holds a Bachelor’s in Journalism and Mass Communications from the University of South Carolina.
Industry News Non-QM Loans