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June 23, 2014

MountainView: Secondary Market for ‘Reperforming’ Mortgages Heats Up

By Paul Muolo

Every buyer has a different definition of "reperforming," but generally the loan must be current for at least 12 months.

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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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