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October 10, 2014

Lenders Prep a Wider Range of Non-QM Loan Menus

By Brandon Ivey

New Penn is considering loosening the residual income requirements on its non-QM loan, an adjustment aimed at jumbo borrowers.

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Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

I wish we had another option, but we don’t.

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