Photo: taiwannews.com.tw
PHH Mortgage to Unveil Innovative FlexIQ Non-QM Product Suite Next Week
PHH Mortgage plans to launch its innovative FlexIQ non-QM product suite on October 20, aiming to enhance lending options for borrowers in the United States.
- PHH Mortgage, a subsidiary of Onity Group Inc., will unveil its FlexIQ non-QM product suite on October 20, expanding its offerings in the U.S. mortgage market.
- The launch will occur through PHHs Correspondent Lending channel, allowing enhanced access to non-qualified mortgage products for various borrowers, as stated in the press release on GlobeNewswire.
- The Chief executive officer of PHH emphasized the importance of providing flexible mortgage solutions, reinforcing the companys commitment to innovation in financial regulation.
Why It Matters
The introduction of the FlexIQ product suite reflects a significant trend towards non-QM lending in the United States, catering to a diverse range of borrowers. This move underscores PHH Mortgages strategic position in a competitive market, potentially influencing future lending practices.