Rate-Lock Woes Hit Non-QM Lenders

Inside Mortgage Finance, Apr. 11, 2022–Paul Muolo
Originators of non-qualified mortgages looking for a secondary market execution have been whipsawed by rapidly rising rates the past several weeks, so much so that disclosures of financial damage are spilling into the open market.
https://www.insidemortgagefinance.com/articles/224280-rate-lock-woes-hit-non-qm-lenders?v=preview