Volume 2014 - Number 38
October 9, 2014
MSR Firm MountainView Joins the ‘Rush’ To Non-QM Lending, Will Go Slow at First
MountainView, a firm known mostly for the market it makes in mortgage servicing rights, is branching out into non-QM lending, but company officials cautioned that its effort will start small. Moreover, a spokesman for the firm clarified that loans acquired through its new “Peak Program” will meet the ability-to-repay rule requirements, including the non-QM loans. “We expect...
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