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April 4, 2014

What We’re Hearing: The Sound of Mortgage Bankers Dying / Why the CFPB is Hated / Prospect Stealing Loan Officers From a Top Five Lender / Should Ellie Mae Call the FBI? Has it Already? / Ocwen Goes For Some Force-Placed Insurance Profits

By Paul Muolo

One ad on the radio sounds like The 60 Plus Association is doing the Lordís work for the pension funds of fire fighters and policemen. After all, public pensions owned GSE stock prior to the crash and lost a bundle.

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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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