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September 9, 2014

Short Takes: GSE Reform is Dead, Right? / Sen. Warren Wants Wall Street Scalps / If There’s Hope, It Lies With HELOCs / Mortgage Master Continues to Recruit LOs

By Charles Wisniowski, Paul Muolo, Thomas Ressler

Roughly 25 percent of lenders said they hope to enter the home equity lending market over the next 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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