Tom Millon is the CEO of Capital Markets Cooperative, a Computershare company. Capital Markets
Cooperative provides products and services to a nationwide network of more than 400 companies. Tom is
considered one of the nation's top executives in the mortgage capital markets and is a recognized author, frequent speaker, and expert in mortgage finance.
A surging non-QM market wouldn’t just be good news for non-QM players. It’s good for everybody. The housing market desperately needs a greater diversity of mortgage products and extending credit to deserving borrowers will produce a dynamic, vibrant and more efficient marketplace.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.