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» Non-QMs Continue to Bedevil Sterling Bank
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Non-QMs Continue to Bedevil Sterling Bank
February 12, 2021
Brandon Ivey
Sterling Bank and Trust reached a settlement over faulty disclosures on the bank’s now shuttered non-QM program. The bank has upped reserves for further potential losses stemming from repurchases and loan sales.
Inside Nonconforming Markets
Securitization
Originations
Non-QM
Expanded Credit
Portfolios
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