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April 28, 2014

PennyMac the Buyer on the Delayed GNMA MSR Deal?

By Paul Muolo

Ginnie Mae President Ted Tozer told IMFnews that the sale will clear once “missing files” are cleaned up by Bank of America.

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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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