January 10, 2014
What We're Hearing: Non-QM Loan Programs Ready to Multiply Like Tribbles? / Whatever Happened to Raj Date and Fenway Summer? / Investment Fund Loads up on PHH Stock / Bexil American Places its Bet on Correspondent Lending / $50 Billion in MBS Settlements to Come?
When it comes to the new QM rule lenders are operating from a position of fear. You can bet that mortgage attorneys in the Washington DC area have racked up the billable hours, holding their clients hands and supplying legal advice as the clock strikes midnight.
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