Nearly 70% of the volume going to the GSEs due to the QM patch could be handled in the non-agency market without disrupting borrowers, according to a new SEC filing and presentation from Redwood.
Without a doubt, United Wholesale Mortgage is the Big Kahuna of table-funding with a massive market share reading of 35.1%, according to Inside Mortgage Finance. In short, it has left all competitors in the dust…
State regulators proposed standards for nonbanks in 2015 but there was no follow-through. However, the issue is alive and well thanks to the incoming chairman of the Conference of State Bank Supervisors.