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February 6, 2014

IG: GSEs Bought Billions in Mortgages Despite Red Flags on Appraisals

By Charles Wisniowski

Despite the findings of the Inspector General's office regarding appraisal reviews, the GSEs’ recent books of business are considered to be of pristine quality.

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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.
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Not now. But things could change as 2018 progresses.

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