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January 27, 2014

FHA Losing First-Time Homebuyer Market Share

By Brandon Ivey

By December, FHA financing was used by first-time homebuyers in 39.6 percent of home purchases, based on the three-month moving average.

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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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