Wednesday, April 29, 2015

MBA's Cosgrove: The importance of nonbanks in the mortgage market

In the wake of the financial crisis, nonbank lenders and servicers have witnessed a significant emergence in the mortgage business. In fact, independent mortgage banks are heavily dominating the single-family market. Yet misperceptions persist about the capacity of these IMBs and other nonbanks.

from Byrd Mix via memphis byrd

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