News

Deephaven Mortgage improves loan scenario calculator

LoanScorecard and Deephaven Mortgage have teamed up to add a new feature to Deephaven’s IDENTI-FI scenario calculator.

The new capability, Smart Conditions, enables originators to view loan-specific details, such as bank names for asset verification and liability repayments, as well as dollar amounts for closing and reserves.

Deephaven Chief Production Officer Mike Brenning said…

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Deephaven offers attractive pricing and a range of non-QM products

Educational and training materials help originators learn how to source new leads and referrals

Deephaven Mortgage was founded in 2012 to help rebuild the non-government mortgage market. At that point, mortgage credit had dramatically tightened in response to the housing crisis, and millions of credit-worthy borrowers were still locked out of the market.

The company offers a wide range of Non-QM products to help mortgage originators break into the Non-QM market with self-employed programs, POS technology and a full-service model that delivers an unmatched level of support. Its loan programs, which cater to…

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Investment firm Pretium acquires Deephaven Mortgage

Real estate and mortgage investment firm Pretium has completed its acquisition of Deephaven Mortgage from Värde Partners.

Deephaven partnered with Värde in 2014 to finance its growth and expansion. Over the past five years, the lender has invested in more than $4 billion of non-QM loans.

“We are excited to be acquiring one of the most established leaders in the non-QM market and…

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