Non-QM lenders hunt for LOs as consumer direct model falters

While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage (non-QM) lenders are going on a hiring spree.

January 18, 2022 Was this email forwarded to you? Sign up for HousingWire's Daily Update here. Non-QM lenders hunt for LOs as consumer-direct model falters Mortgage, HW+ Exclusive Content While layoffs sweep the mortgage industry, particularly consumer-direct lenders, non-qualified mortgage (non-QM) lenders are going on a hiring spree. Wells Fargo reports lower GOS and origination volume in Q4 Mortgage Wells Fargo originated $48.1 billion worth of mortgages in the fourth quarter, down from $51.9 billion in the previous quarter. Experience Groundbreaking Automated Verification of HOI Best in class workflow automation provider, DataVerify, is now offering automated verification of Homeowners Insurance through a direct connection with Nexsys Clear HOIsm. This breakthrough product can significantly modernize and simplify the mortgage experience for lenders and borrowers alike.   Learn More! Sponsored by DataVerify Logan Mohtashami talks inventory and housing demand Housing Market Logan Mohtashami joins us once again to discuss our current inventory crisis across the country and what he thinks could slow down demand. Listen Now! The originations landscape is shifting – is your business ready? Presented by SitusAMC Learn how lenders can gain market share and drive profitability in a white-hot purchase mortgage market. 2022 Housing Market Outlook Webinar - Jan 25 11am PT Join Odeta Kushi from First American for an overview of the factors that will drive the housing market in 2022 including: the housing market's demographic tailwind: Millennials, measuring the housing deficit, affordability challenges & more. Register Now! Sponsored by First American Data & Analytics Agents scramble to meet demand…in Rochester? Agent, Real Estate, Brokerage, Real Estate Enthusiasts, HW+ Exclusive Content There's a sustained, nationwide surge in housing demand, plus a crippling lack of inventory – and Rochester is hardly impervious to either of these historic trends. CEO Matt Widdows pushes HomeSmart toward IPO Agent, Real Estate, Brokerage HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. Save time and money on your originations in 2022 Mortgage market fluctuations happen, but an expert originations partner can help pave the path forward. Computershare Loan Services takes on the overhead burden with end-to-end and component fulfillment options so you can focus on building business. Partner with us! Sponsored by Computershare Home sales post largest monthly decline since May 2020 Agent, Real Estate The number of homes sold in December posted their largest monthly decline since the start of the COVID-19 pandemic, according to Redfin. Appraisers slam FHFA appraisal blog post Appraisals & Valuations, HW+ Exclusive Content Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings. Accelerate your Secondary Knowledge with MCT's Learning Center The MCT Learning Center delivers customized content based on your position in the mortgage growth cycle. Read articles, watch webinars, and learn from case studies that will help you get to the next stage of growth. Learn More! Sponsored by MCT HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039 Manage preferences

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