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January 27, 2014

Short Takes: Hey, Who’s Going to Pay for All That Mortgage Compliance? / Reg AB2 is Coming / 33 Senators Don’t Want the GSEs Returned to Their ‘Previous Form’ / Progress on BofA Mortgage Settlement?

By Brandon Ivey and and Paul Muolo

The cost of mortgage compliance was a topic making the rounds at the recent ABS Vegas show in Nevada. Attendees, of course, wanted to know who might pay for all the new added costs.

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Poll

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.

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