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Volume 21 - Number 19

September 22, 2017

Downloads Available: Channel/Loan Type Detail: 1Q15 - 2Q17

Downloads Available: Top Conventional-Conforming Lenders Channel Analysis: 6M2017 (22 lenders)

Downloads Available: Top Government-Insured Lenders Channel Analysis: 6M2017 (19 lenders)

Mortgage Brokers Face Uphill Challenge in Jumbo Market, Make Gains Elsewhere

The wholesale-broker channel accounts for a relatively small amount of new business in the jumbo mortgage market, according to a new Inside Mortgage Trends analysis of lender surveys. Brokers accounted for just 4.6 percent of jumbo originations during the second quarter of 2017, although volume was up 13.7 percent from the first three months. The problem is that jumbo lending by a diverse sample of mortgage lenders was up 19.9 percent overall, meaning ... [Includes three data charts]

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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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