Moody’s: Weaker Non-QM Underwriting Increases Default Risk

National Mortgage Professional, Feb. 20, 2020–Phil Hall
Investors are facing a new threat of default risk in residential mortgage-backed securities due to weaker underwriting in non-QM mortgages, according to a new study from Moody’s Investors Service.
https://nationalmortgageprofessional.com/news/73906/moodyweaker-underwriting-increases-default-risk