The Non-QM Lending Opportunity: Credit Markets Beyond the GSE Box

Summary

The GSE box was not designed to serve the modern economy. Millions of creditworthy borrowers — self-employed entrepreneurs, real estate investors, foreign nationals, high-net-worth individuals — fall outside conventional eligibility standards not because they are risky, but because their financial profiles do not fit a system designed for W-2 employees. That is the Non-QM opportunity. […]