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December 4, 2014

Richey May: Two-Thirds of Mortgage Firms Added Staff in 3Q14

By Paul Muolo

The fourth quarter of 2014 is turning out to be decent in terms of applications and pipelines.

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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