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October 28, 2014

Warehouse Lenders See an Increase in Outstandings; Credit for Non-QM Loans?

By Paul Muolo

Another positive for the production market is a new willingness on the part of certain warehouse banks to finance the production of non-QM loans.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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