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June 11, 2014

$6 Billion Originator Ready to Buy New England Nonbank

By Paul Muolo

The buyer originates mortgages in roughly six western states and is looking to expand into the East Coast to help fill its pipeline.

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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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