Photo by Annie Spratt on Unsplash Yesterday, we looked back at 2017 and reflected on what happened this past year. I think it’s only fair that we give the future its fair shake today and look ahead at what’s to come. A lot of reports are coming in on the importance of the Non-QM market and it’s really making a push forward in 2018. This make sense, right? To make up for the dwindling refi's, lenders will need to expand their product offerings and dip their toes into the Non-Q

I read this article earlier today and it really got me thinking. Technically, for a loan to be categorized as a “Qualified Mortgage” the DTI ratio must be 43%... or (and that’s a big OR) the loan fits into the GSE’s eligibility requirements, which for FNMA & FHLMC could mean a DTI of 50% (this is the QM Patch). This is a curious topic and it sparks debate, so much so that the Trump Administration has gone as far as saying it gives the GSE’s an unfair advantage in the market.