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February 6, 2014

Mayor of Richmond, CA, Talking to 18 Others About the Eminent Domain Mortgage Strategy

By Paul Muolo

Mortgage executives are praying that even though eminent domain plans have been talked about and brought to a vote in a handful of cities, that it never gets used.

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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?

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Not now. But things could change as 2018 progresses.

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