Caroline Chen, senior vice president at Income Research + Management, provided insights in an article for MarketWatch on non-QM loans and the current housing market. She described the various challenges and quirks of dealing with non-QM borrowers in general and during times of stress. Despite the risks, she also highlighted their potential for high returns for mortgage bond investors.
MarketWatch: Wall Street bet on financing self-employed home buyers. Will there be regrets?
March 30, 2021
Original article by Joy Wiltermuth