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February 14, 2014

IG: FHFA’s Oversight of ‘Servicing Alignment’ Project Remains Unsupervised

By Charles Wisniowski

One of the goals of the “servicing alignment initiative” is to limit losses at the GSEs.

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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.
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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