Dallin Merrill, head of policy at the Structured Finance Association, said some larger investors can increase their investments in 144A transactions, but smaller investors still struggle.
United Wholesale Mortgage is offering a 75-basis-point pricing incentive for certain conventional and government-insured refinances through March, as well as a $600 appraisal credit for purchase mortgages through April.
Michael Tannenbaum, CEO of Figure Technology Solutions, said some lenders are on the verge of shifting some of their mortgage business from the GSEs to FTS.