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March 24, 2014

Short Takes: FHFA’s DeMarco Calls it a Day / DeMarco for CSP Chief? / More MSR Deals from IMA, Prestwick / Citadel and Calcap Dominate Subprime? / Auction.com Stays Busy / Should JPMorgan Get out of the Mortgage Business?

By Paul Muolo

There has been some speculation that DeMarco might want the CSP CEO job, which pays in the range of $400,000. But many sources we talked to doubt it will happen.

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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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