Non-QM News

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced AD Mortgage Trust 2026-NQM6 (ADMT 2026-NQM6), the company’s sixth securitization of 2026. The $407.4 million transaction represents the platform’s 34th securitization and the 21st ADMT deal rated by Fitch Ratings. The transaction was sponsored by Imperial Fund Asset Management, the sole securitization platform for AD Mortgage collateral.

eRESI has partnered with Prudent AI to give its non-delegated correspondent sellers access to a faster, more efficient way to analyze complex borrower income earlier in the loan process.

RiskSpan, a provider of data, modeling and analytics solutions for loan and structured finance investors, announced the general availability of Credit Model 7.1, a purpose-built NonQM credit model delivered inside the RiskSpan Platform.

AD Mortgage, a provider of non-QM and residential mortgage-backed securities (RMBS), announced AD Mortgage Trust 2026-NQM5 (ADMT 2026-NQM5), the company’s fifth securitization of 2026. The $432.4 million transaction marks another step in AD Mortgage’s steady issuance schedule and reflects its successful push to spread its loan pools across more regions of the country.

PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced that its Correspondent Group will launch a new suite of non-qualified mortgage (Non-QM) products on September 22. These products will expand access to flexible financing for borrowers who do not meet traditional agency criteria.