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September 18, 2017

CFPB Official Tells ABS East Attendees: Show Us Data on How Consumers Have Been Harmed

By Brandon Ivey

“We want to know if there are impediments because of our rules,” said CFPB Policy Analyst Patrick Orr…

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.


No. It’s still difficult compliance/regulatory-wise.


Maybe. It’s under consideration.


Not now. But things could change as 2018 progresses.