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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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With loan volumes declining, does your shop have plans to enter the non-QM lending market in 2019?

Yes, definitely. A solid move forward.
Yes, but only incrementally.
We’re pondering a move into non-QM, but haven’t made up our mind.
No, definitely not. We view it has too risky.

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