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December 19, 2014

Short Takes: Boom in MLO Licenses / FHA Delays Detailing Review Findings / Redwood and the GSEs / Positive Outlook for SLS

By Brandon Ivey

The increase in the number of mortgage loan originators with state licenses was attributed to increased access to warehouse credit and less exposure to regulation than big banks.

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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.

vote to see results