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Industry veterans launch Canopy in bid to shake up residential due diligence space

Housing Wire

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy. That’s why it has to be done over and over again.”.

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QC Ally acquires due diligence solutions firm Inglet Blair

Housing Wire

Loan quality and audit services company QC Ally on Thursday announced the acquisition of third-party due diligence solutions company Inglet Blair. Terms of the deal were not disclosed.

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How is the mortgage rate environment affecting due diligence? 

Housing Wire

HousingWire recently spoke with Brian Adams, Division President of Due Diligence at Consolidated Analytics , about due diligence in the current mortgage market. HW: How is the rate environment affecting due diligence? HW: What does due diligence look like for different types of loans?

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Incenter acquires due diligence firm Edgemac

Housing Wire

Incenter is adding a third-party due diligence review firm to its umbrella of companies. Edgemac , which Incenter acquired at the end of last year, does due diligencing for mostly non-QM and jumbo loans, as well as private label reverse mortgages that could eventually be securitized.

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This is how non-QM is critically helping achieve the American Dream

Housing Wire

The non-QM space has long provided a valuable path for foreign nationals and global investors to purchase property in the United States. Even more importantly, non-QM serves international investors and domestic borrowers with unconventional portfolios. debt-to-income (DTI) ratio (33.3%

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Services provider Adfitech rebrands as Mortgage Connect Risk Solutions

Housing Wire

Mortgage Connect, a nationwide services provider for lenders, institutional investors and servicers , acquired Adfitech two years ago to expand its efforts in third-party due diligence and quality control (QC). The move reflects the company’s 2022 acquisition by Pennsylvania -headquartered Mortgage Connect LP.

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2025 will be a year of Non-QM player diversification

Housing Wire

This new dynamic has encouraged many investors to look at alternative assets for yield, raising a burgeoning interest in the non-qualified mortgage securitization space. A more rigid regulatory framework created by Dodd-Frank and other post-GFC era legislation put investors at ease. Non-QM market share grew from less than 3% of U.S.

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