NewRez debuts 40-year non-QM mortgage product. Borrowers make interest-only payments for the first 10 years of loan. September 6, 2022, 4:32 pm By James Kleimann.

Newrez, a Non-QM lender based in Fort Washington, Pa., is the newest entrant into the 40-year mortgage market. Similar to others that are available, the one from Newrez includes a fixed-rate and ...

The non-QM private-label market could swell to $40 billion in 2022, and even that is just a fraction of the market's loan-origination potential. The non-QM private-label market could swell to $40 ...