WSJ: Mortgage market sees resurgence of unconventional loans

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Unconventional loans are on the rise, according to an article in The Wall Street Journal, and this could be a problem, as “a flavor of mortgage once panned for its role in the housing meltdown a decade ago is making a comeback.” While traditional mortgage volume has been lagging, non-QM volume has taken off, and some say this could be a major risk for the housing market.