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June 10, 2014

Short Takes: Suddenly, Everyone is Going Non-QM / Is FHFA Punting on a CEO for the Common Securitization Platform? / Consumers Continue to Complain to the CFPB About Mortgage Lenders / Bill Could Bring Certain QM Relief

By Brandon Ivey and Paul Muolo

We’re hearing unconfirmed reports that the Federal Housing Finance Agency may not hire a chief executive and chairman for the common securitization platform project after all…

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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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