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November 12, 2014

Mortgage Brokers Nervous About Provident Cutting Back on Table Funding

By Paul Muolo

To date, Provident Funding has declined to clarify the situation.

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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