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July 9, 2014

Short Takes: $2 Billion for Subprime? / Who is Angel Oak? / Getting around the QM Rule / 2Q Originations May Surprise / New Apps Get a Boost / Citigroup May Settle with DOJ

By Paul Muolo

An early analysis of second quarter loan level data suggests that residential originations were a little better in the April to June time-frame than some might believe. See this website on Thursday for more information…

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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.

vote to see results