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June 29, 2016

PennyMac SVP of Business Development Bolts for Think Tank; Bright Worked for Sen. Corker

By Paul Muolo

During his career, Bright has worked for Sen. Bob Corker, who supposedly is on Donald Trumpís short list of VP candidatesÖ

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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.