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Volume 2018 - Number 7

February 16, 2018

Due Diligence Firms Jockey for Position In Growing Expanded-Credit MBS Market

MBS backed by expanded-credit loans increased by more than 400 percent last year, with an even better year anticipated in 2018. And although the growth in terms of dollar volume wasnít huge, due diligence firms are beginning to feel bullish about their prospects.

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.



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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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