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Volume 2018 - Number 1

January 12, 2018

News Briefs

PennyMac Financial Services launched its broker origination channel this week. While the company hasnít originated many jumbo mortgages in the past year, it said the broker channel ďwill provide opportunities to grow volumes in attractive segments,Ē including jumbos. Carrington Mortgage Services recently launched some nonprime products in its wholesale channel. The lender allows for credit scores as low as 500 and loan amounts up to ... [Includes five briefs]

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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