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April 7, 2014

Banks and Thrifts Saw Secondary Market Activity Plunge Last Year

By John Bancroft

Despite the results, four of the top 10 depositories sold more loans into the secondary market in 2013 than they did the year prior.

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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.
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Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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