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February 20, 2014

Short Takes: MBA Speakers Go Chicken Little on MSR Transfers / But That Was Then / Essent Doesn’t Impress Everyone / Good News on Delinquencies? Maybe / Is Seterus a Buyer?

By Paul Muolo

So, will banks stop selling MSRs because of the CFPB? Don’t bet on it. The sales process will just take longer.

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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.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%