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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
- NMN — Mortgage delinquency rate will rise 0.5% in 2023: TransUnion. “The rate at which borrowers have been marked consistently late on their mortgages is on track to increase by half a percentage point next year, according to TransUnion. The 60-day-plus delinquency rate will rise to 1.4% by year-end 2023 from an estimated 0.9% this year, the credit bureau forecast. This year’s expected delinquency rate is marginally higher than last year’s 0.8%. The two-month delinquencies tracked by TransUnion typically average around 2% and at their height during the Great Recession’s housing crash they got into the 7% range.”
Upcoming Events
January 13, 2023
New England Mortgage Expo 2023
Uncasville, CT – Mohegan Sun Resort & Casino
January 25, 2023
Miami Mortgage Convention 2022
This event was rescheduled to 2023 due to Hurricane Ian
Miami, FL – Miami Airport Convention Center
UPCOMING WEBINARS
Below is a schedule of upcoming FREE webinars occurring every Tuesday at 1 PM EST. Just click on the webinar you are interested in attending to register.
TOPIC: New Broker Orientation
January 10 @ 1 PM EST
Join us for an informative webinar for new brokers to be successful with A&D Mortgage. Learn about important programs, services and technologies designed to expand your pipeline and close loans quickly. NOTE: This is intended for Approved Broker Partners currently working with A&D Mortgage.
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