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July 12, 2018

GSE Single-Family Business Up Modestly in 2Q18 as Purchase Market Kicks In

By John Bancroft

All of the growth in GSE volume came from the purchase-mortgage side of the business…

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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