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October 20, 2014

FHFA Chief Floats Initiatives Tied to Looser Credit: More Buyback Relief and Higher LTVs

By Paul Muolo

In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.

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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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