Current Market Poses Funding Challenges To Lenders Despite Cookie-Cutter Sameness
February 12, 2009
Although the mortgage market has become increasingly focused on conforming fixed-rate loan production, lenders are grappling with new uncertainties about their funding and pipeline issues, according to experts speaking on a panel at the annual meeting of the American Securitization Forum held in Las Vegas this week. “We’re about as vanilla as it can get right now,” said Garry Cipponeri...