What Non-QM Brokers Need to Know About the Current Shift in Mortgage Market Liquidity
The mortgage market entered the year with relatively clear expectations. Rates remained elevated, affordability continued to challenge borrowers, and many lenders and brokers anticipated a slower spring driven by cautious consumer behavior. Recently, however, a policy-driven development introduced a short-term shift in mortgage market dynamics. A $200 billion allocation toward agency mortgage-backed securities was announced…
