Verus Securitization Trust 2024-8

About Verus Securitization Trust 2024-8

Verus is a leader and pioneer in non-QM (non-qualified mortgage) lending, offering correspondent and wholesale lending solutions. They focus on providing high-quality loan solutions and best-in-class customer support to help lenders and mortgage brokers meet the needs of borrowers outside traditional credit guidelines.

Products & Services

Correspondent Lending:A partnership program for correspondent lenders with various loan programs including Prime Ascent, Prime Ascent Plus, Credit Ascent, Investor Solutions, Prime Jumbo, Foreign Nationals, Closed End Second, and Verus Home Equity Lines of Credit (HELOC).

Specialties

Non-QM Lending Correspondent Lending Wholesale Lending Alternative Lending Solutions

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Non-Prime RMBS Transaction T: - FT: Non-Prime RMBS Transaction	A: 593600000 MR: - FA: $593.6 million FAN: 593600000	D: 2024-10-04 FD: 2024-10-04	-
2	RT: Non-Prime RMBS Transaction T: - FT: Non-Prime RMBS Transaction	A: 606400000 MR: - FA: $606.4 million FAN: 606400000	D: 2023-05-11 FD: 2023-05-11	-
3	RT: Non-Prime RMBS Transaction T: - FT: Non-Prime RMBS Transaction	A: 595900000 MR: - FA: $595.9 million FAN: 595900000	D: 2023-03-09 FD: 2023-03-09	-

Non-Prime RMBS Transaction Latest

2024-10-04

$593.6M

Non-Prime RMBS Transaction 2023-05-11

$606.4M

Non-Prime RMBS Transaction 2023-03-09

$595.9M

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Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

D

Dane Smith

President

T

Troy Gibbens

CFO, CRO, COO & CTO

D

Daniel Lane

Executive Vice President - Credit

J

Jeff Schaefer

Executive Vice President - National Sales

P

Paul Ottendorf

Executive Vice President - Wholesale Operations

M

Mark Dellovo

Executive Vice President - Servicing Oversight and Asset Management

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