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July 14, 2014

Short Takes: Does the CFPB Understand the Mortgage Business? / Why Skyline Likes Wholesale / Nice GSE Bill, Guys. Too Bad It’s DoA / Mortgage Master Joins FTHB Compact / Relax, the MI Industry Will Be Just Fine?

By Charles Wisniowski, Paul Muolo, Sherry Muolo

Mortgage brokers who read the guidance said it reveals how little the young regulatory agency understands about the industry. If a broker has the financial ability to obtain a warehouse line of credit...

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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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