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December 1, 2014

Short Takes: Asset-Based Mortgage Lending Returns / ‘Fix and Flip’ Market Slowing? / CALCAP Opens Phoenix Office / Ocwen’s Share Price Falls at the Opening / Two Harbors Likes CRE

By Brandon Ivey and Paul Muolo

According to figures recently compiled by RealtyTrac, 26,947 single family homes were flipped nationwide in the third quarter.

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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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