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April 20, 2018

It May be a Trying Time for Mortgages, but ABS Issuance Roars Out of the Starting Gate in Early 2018

By John Bancroft

It was the best showing for ABS since the second quarter of 2008…

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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.

35%

The wholesale/table funder. They’re taking the financial risk.

30%

The broker, but only for the first year. After that, the borrower is fair game.

13%

Hard to answer. It’s a complicated issue.

22%