[Emeryville, CA January 13, 2025] — Newfi Correspondent (“Newfi”) announced today the release of their ‘Delegated Plus’ product suite, positioning them as a dominant Non-QM price leader in the correspondent lending space.
Newfi CEO & Founder Steve Abreu said, “With the launch of this elite suite of products, Newfi Correspondent is helping position delegated sellers to gain more Non-QM market share and compete in 2025’s market.”
As an affiliate of Apollo, one of the world’s largest asset management firms, Newfi demonstrates a serious appetite for Non-Agency originations powered by a strong and reliable takeout partner committed to the lending space.
Their goal with the release of these offerings is to enable sellers to attract more business, as Newfi may pay market premiums at various coupons to drive competitive pricing on self-employed mortgage solutions like their bank statement or 1099 programs.
“It is an incredibly exciting time to work with Newfi Correspondent as a seller, and we look forward to partnering with new mortgage bankers on a delegated basis to power their production this year,” said John Wise, Newfi EVP, Correspondent Sales.
This newly released offering includes more than just a sharply priced Non-QM product suite; it also allows sellers to use 2-1 buydowns on Non-QM transactions and offers a new step-down pre-payment penalty option.
To learn more about Newfi Correspondent and its ‘Delegated Plus’ offering, visit newficorrespondent.com, sign up for a 1:1 training with our Account Executives and Secondary Marketing teams here, or contact EVP, Sales John Wise at jwise@newfi.com.
About Newfi Correspondent
Newfi Correspondent is an innovative non-agency lender that is setting the standard for efficiency, transparency, and service in the mortgage marketplace. Founded by industry veterans, Newfi is committed to providing competitive products and helping mortgage bankers grow their business through Non-QM and second lien production. For more about Newfi Correspondent visit www.newficorrespondent.com.
