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October 2, 2014

$1 Billion-a-Year Lender Decides to Outsource Residential Production to Guild

By Paul Muolo

Mutual of Omaha bank said it remains "committed" to the mortgage business, even though it's closing the retail channel.

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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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