Preview Mode Links will not work in preview mode

Capital Markets Today


Jun 1, 2018

At the MBA Secondary Marketing conference last week, it was apparent that investor appetite for non-QM loans is growing at a brisk pace. Qualified mortgage applicants are getting harder to find and the market potential for non-QM borrowers is only growing.

It’s estimated by many that the huge swath of would-be non-QM borrowers are likely the future of the mortgage industry.  Growth in non-QM lending is predicted to grow by over 400% next year.  It’s reasonable to associate increased non-QM lending with a stable NPL and RPL business for the foreseeable future.

Joining the podcast to discuss the non-performing asset space is Tom Constantine, Executive Vice President and Chief Credit Officer at BofI Federal Bank.  Prior to joining BofI in 2010, Tom was a senior examiner with the Office of Thrift Supervision.  BofI Federal Bank is unique in that it is a branchless bank with over 10 billion in assets.