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Loan Defect Report; Shutdown and Possible Impact on Lenders; Verus Non-QM Deal – Too bad the government doesn’t produce a single source, but here is a good start: A list of contingency plans. FHA will be able to endorse single family loans, with the exception of Home Equity.
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Debt Funds Have Banks Struggling to Keep Pace, Fretful Lenders Declare – The last decade has marked a great business cycle for lenders of all stripes. But bank executives at the Mortgage bankers’ association. addressed the challenges of running a small-balance lending.