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May 14, 2018

GSE Credit Window for Purchase Loans Opened Slightly in 1Q18

By John Bancroft

In the first quarter, 12.61 percent of purchase loans sold to the GSEs fell into the highest risk category…

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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.
The wholesale/table funder. They’re taking the financial risk.
The broker, but only for the first year. After that, the borrower is fair game.
Hard to answer. It’s a complicated issue.

vote to see results