Posted To: Pipeline Press
Last night in Texas I had dinner with Seattle AE Bryson Bede and regional manager Dennis Waller from Parkside Lending. The discussion was focused on trends in wholesale lending and the habits of top AEs, but included the fact that, party politics aside, political orientation aside, forecasts on the victor aside, we have over five more months of presidential election news dominating the press and news stories. Time flies, but... five more months! Ugh. Yesterday the commentary posted some updates on non-QM lending . According to Garth Graham of STRATMOR, the Non-QM market has been primarily served by banks putting loans in portfolio for their best bank customers. Very little Non-QM has been available for smaller banks or independent mortgage bankers, making it hard for Loan Originators to serve...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1RQxfgm
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