MReport June 2022

TheMReport — News and strategies for the evolving mortgage marketplace.

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YOUR TRUSTED SOURCE FOR MORTGAGE BANKING NEWS JUNE 2022 THEMREPORT.COM ALSO IN THIS ISSUE: TECHNOLOGY LENDS A HAND In today's mortgage lending environment, it's critical to find and assess gaps in existing processes so you can develop a plan to address any inefficiencies. NAVIGATING THE MORTGAGE MARKET As June recognizes National Homeownership Month, here are some ways lenders can help borrowers find their way in a challenging and confusing housing market. THE DAWN OF A NEW REALITY IN CONDO AND CO-OP LENDING Sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties. SOLVING THE PUZZLE OF HOMEOWNERSHIP Shifting workforce patterns and the continuing prelevance of the gig economy have some lenders revisiting NON-QM. Here's what they told MReport about its place in the modern lending landscape.

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