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October 8, 2014

Short Takes: Did BofA Yank a Big Subservicing Contract? / No Word From Wingspan CEO This Time / Ethos Bullish on Loan Brokers / Black Knight Hires CTO

By Paul Muolo

Ethos Lending, a QM and non-QM lender, is marketing itself to third-party loan officers as the “broker advocate."

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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