Non-QM Loan Production Continues To Ramp Up

National Mortgage Professional, Sept. 15, 2021–Navi Persaud
The COVID-19 pandemic immediately impacted the Non-QM industry, with widespread uncertainty on the survival of such products. Lenders who specialized in these services found themselves living dangerously on the edge but were able to reel it back in. A report from Fitch Ratings revealed that Non-QM originators are now increasing loan activities, despite how difficult they can be to originate.