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May 27, 2016

What We’re Hearing: Did Wells Hit A Mortgage Home Run? Time Will Tell / A Media Coverage Coup / The BofA-NACA-Pinto Project, A Status Report / Why Jumbo MBS Issuance Won’t Return Anytime Soon / Publishing Note

By Paul Muolo

Let's face it: most banks are just chicken to hold mortgages in portfolio unless they're jumbos...

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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.