QM Archive

TRID Costs and Lender Optomism in the 2nd Quarter

Lenders continue to deal with the effects of TRID and wavering investor demand but are more optimistic about investor demand for mortgage in the second half of 2016.  Those are some of the sentiments expressed in the Survey of...

Survey Reveals Modest Credit Expansion

The share of non-QM and rebuttable presumption loans rose in the 4th quarter as reported by respondents to NAR’s 9th Survey of Mortgage Originators. While these loans are riskier than standard, prime loans, they are still at subdued levels,...

Mortgage Access Continues to Thaw

In the 2nd quarter of 2015, mortgage originators reported measured improvement in access to credit. While more lenders are offering credit outside of the pristine, conventional space, they remain pensive and the trend appears driven by an expansion of...

Spring’s Mortgage Market Thaw Continues This Summer

Every quarter, NAR surveys a panel of lenders who specialize in mortgages for home purchase. In the second quarter of 2015, lenders continued to expand access for borrowers. Despite a decline in the share of production that was non-QM,...

Spring Brings Renewal to Housing Finance

In the 6th Survey of Mortgage Originators, several important trends are highlighted that took shape in the 1st quarter of 2015 and bode well for the second half of 2015.  In addition, a number of policy issues loom on...