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June 10, 2014

An Ugly 1Q Indeed: Cost to Originate Spikes 21 Percent

By Paul Muolo

According to interviews conducted by IMFnews, many nonbanks lost money in January and February but began to see better results in March.

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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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