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September 11, 2014

Industry Vet Willie Newman Establishes New Platform, Agrees to Buy $1 Billion-Plus Lender

By Paul Muolo

“Our intention is to be a top tier lender,” said Newman.

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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