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May 20, 2014

The Bottom Line for Mortgage Lenders: Negative Production Margins in 1Q

By John Bancroft

The negative results on residential production mean more lenders are relying on servicing rights to carry them through the tough times.

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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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