Property News Today — October 7, 2026
Non-QM is a fit, not a fallout and more — today's property signal.
The real estate and property landscape is constantly evolving, with various players making strategic moves to stay ahead of the curve. One key area of focus is the non-qualified mortgage market, which is proving to be a viable option for borrowers who may not meet traditional lending criteria. In fact, industry experts are now viewing non-QM as a fit, rather than a fallout, as it provides a necessary alternative for those who may have been previously excluded from the mortgage market. This shift in perspective is significant, as it highlights the growing recognition of the importance of non-traditional lending options.
As the mortgage market continues to adapt to changing consumer needs, companies are expanding their reach and restructuring their leadership teams to better navigate the landscape. Wealthfront, for example, has announced its expansion into Washington, marking a significant milestone in its mortgage footprint. Meanwhile, Earnnest has named Russell Smith as its new CEO, with Rick Altizer taking on the role of vice chairman, signaling a new chapter in the company's growth and development. These moves underscore the ongoing efforts of industry players to innovate, expand, and improve their services, ultimately benefiting property buyers, sellers, and owners alike.
Today's signal:
• Non-QM is a fit, not a fallout (housingwire.com)
• Wealthfront adds Washington to its mortgage footprint (housingwire.com)
• Earnnest names Russell Smith CEO, Rick Altizer vice chairman (housingwire.com)