Zaid Shariff, vice president and head of solution design and product implementation at SLK Global Solutions, spoke with
Dodd Frank Update about non-qualified mortgage loans and the current challenges within that market.
Non-QM loans had a small market share before the pandemic and was on the rise prior to March 2020. However, when COVID-19 hit, the non-QM market crashed, Shariff said.
Read on for more details.