Non-QM mortgage leaders sat down to discuss how this space can be lucrative, including Deephaven Mortgage chief sales officer Tom Davis, Newrez co-head of production Jeff Gravelle, GO Mortgage CEO Michael Isaacs, and Plaza Home Mortgage’s wholesale division president Jeff Leinan. “The non-QM market has not been this robust since the definition of non-QM was created by the Dodd-Frank Act in July of 2010," Isaacs said.
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Do You Have a Quality Mentorship Program?The purpose of a mentorship program is to facilitate field training for new hires that are not experienced so that they will receive the support they need to transition into productive members of the sales force. Having a mentorship program will also relieve the burden on branch managers who are then freed up to recruit additional producers and provides management field training/experience to senior-level producers.
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Non-QM Mortgage Leaders Discuss How to Profit in Growing Space
“Non-QM” mortgages, or mortgages that are not required to meet the Consumer Financial Protection Bureau’s standard documentation procedures, have nearly doubled their share of the mortgage market in 2022. So reports TheMReport.
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