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September 25, 2014

Short Takes: The Cost to Underwrite Non-QM Loans / Uh, How Large is the Non-QM Market? / Ocwen’s Stock Going Nowhere / Mortgage Firms Love to Sell Ginnie MSRs / Anworth Looks to Expand

By Paul Muolo and George Brooks

Just how large is the non-QM market? That’s hard to say...

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Poll

How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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