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 market. Check out their discussion.
MARKET NEWS
- MND — Consumers Think It’s a Terrible Time To Buy, But They’re Also Fairly Terrible Housing Forecasters. “Fannie Mae conducts a monthly survey on homebuying sentiment, officially known as the Home Purchase Sentiment Index (HPSI). It tracks buyer/seller attitudes on whether it’s a good time to buy/sell in addition to price/rate expectations. Given the ongoing surge in prices and the recent surge in rates, the latest results hold few surprises.”
- MPA — Lending options to combat rising rates, escalating home prices. “Despite the recent rise in mortgage rates, strong demand and tight inventories continue to fuel a rise in home prices that require lending solutions with higher loan amounts. Although non-QM loans can offer larger loan amounts to cover these areas, for those borrowers with good credit and payment histories, Conventional and Jumbo loans will normally offer lower rates – a key deciding factor, even more so as rates keep fluctuating.”
UPCOMING WEBINARS
The 4-1-1 on 1099s and WVOEs
🗓️ Tuesday, June 14, 2022
🕐 1 PM EST
Learn how to use Written Verification of Employment and 1099s to attract and qualify borrowers with non-traditional income documentation.
Flexible Financing for Non-Warrantable Condominiums
🗓️ Tuesday, June 14, 2022
🕐 1 PM EST
Learn how A&D Mortgage can provide you with the right lending options for non-warrantable condos. We’ll walk you through the differences between warrantable and non-warrantable condos and the Limited/Full Review process.
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