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May 12, 2014

The MSR Deals Keep Coming; BofA Selling Product to SLS

By Brandon Ivey and Paul Muolo

A portion of the loans being bought by SLS are tied to 11 non-agency mortgage-backed securities.

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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.

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