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February 6, 2014

Nonbanks Continue Their Ascent in Servicing, Nine Firms Now Rank Among the Top 30

By John Bancroft

According to Inside Mortgage Finance, one thing is clear: the commercial banking industry is continuing to shed MSRs, at least in aggregate.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results