Information Management Network (IMN) Non-QM Virtual Conference 2021

Speaking Engagement | January.21.2021

Non-QM Market Overview & the Impact Of QM 2.0
Thursday, January 21, 2021 - 10:40 AM EST

Steven vonBerg pulls from his legal experience and seven years in the mortgage industry as a loan officer and underwriter and discussed the current state of the non-QM market as well as the impact of new QM rules.

He provided an overview of the new changes to the QM rules along with an explanation of what has changed and what stays the same, as well as the "consider and verify" requirements for the new rule.

What Have You Bought Non-QM Post-Covid?
Thursday, January 21, 2021 - 4:00 PM EST

Nationally recognized mortgage attorney Jeffrey Naimon joins panelists and discussed:

  • Where spread, liquidity, performance, bids and pricing for flow, bulk and hung inventory of various non-QM products are today vs. history?
  • How much of a liquidity premium is embedded in non-QM?
  • Acquisition/disposition parameters and exit strategy
  • Working with correspondents and brokers
  • Reps, warranties—Any changes?
  • Do you look to buy in bulk or flow?
  • Trading and exit strategy for scratch and dent loans, NPLs and loans in forbearance
  • Are you buying whole loans or securitized pools? Is buy and securitize your strategy?
  • What are the conditions that you would ask for a buyback?  
  • Step-up coupon and risk retention strategies