March 31, 2020
Non-QMs represented over 30% of the mortgage lending industry, until last week. Self-employed borrowers, folks with extenuating circumstances that prevent conventional qualifying for mortgages, non W2 […]
April 7, 2020
What is happening in the world this month? This is unprecedented for everyone and everything. Because of the pandemic, we’re taking a “time out” for a […]
April 30, 2020
Everyone wants to know when life is going to get back to normal, when we’ll be able to go out of our houses, when we’ll get […]
May 19, 2020
Part of the CARES act provides for a 90 day forbearance on mortgage payments during the pandemic to help those that may have lost their jobs […]
June 23, 2020
I don't need to paint a picture of how dangerous this can be and will affect, greatly for sure, the mortgage market in the coming months. The question remains, what happens when forbearance ends and no qualified buyers will be flooding the market for refinances, sales, or foreclosures? There are approximately 4.2 million loans in forbearance through the end of June.