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June 7, 2016

Short Takes: Rep. Hensarling: GOP Still Wants to Kill Fannie and Freddie / Will the CFPB Take Up Residence at the Mega-Nonbanks? / Choose Sunny SoCal? / So Long ‘Disruptors’? The Fad is Over

By Paul Muolo

Joe Garrett of Garrett, McAuley & Co. wonders whether the day is coming when the CFPB will take up residence at some of the nationís largest nonbank lenders.

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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.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%