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May 25, 2018

Bank Holdings of ABS Increase Slightly in First Quarter

By John Bancroft

The biggest factor in the small uptick was the significant growth in the two largest ABS portfolios in the industry...

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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%