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June 2, 2014

Warehouse Usage Rates the Weakest in Years; Strength in ‘Mini Corr’

By Paul Muolo

One warehouse executive, speaking under the condition his name not be used, said “Luckily for us, compared to January, things are great.”

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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.
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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