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Home » Store » Taxable » Lenders Take Different Tacks on Risk of Nontrads

Lenders Take Different Tacks on Risk of Nontrads

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Not all nontraditional loan products are created equally – at least not in the minds of lenders, who have taken very different tacks in the way they underwrite and market those loans. That was evident from discussion at last week’s American Securitization Forum conference in Las Vegas where participants heard that interest-only loans, piggybacks, and option ARMs are likely here to stay as affordability remains a key issue for homebuyers. …
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