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September 9, 2014

Mortgage Buybacks by Depositories Fall to Lowest Level Since 1Q 2008

By John Bancroft

Bank of America was once again the buyback king at the midway point in 2014.

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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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