Profits, Challenges, the Story for Alt Lenders in 1Q
May 19, 2006
Alternative mortgage lenders entered the second quarter of 2006 with some questions hovering over their businesses. In particular, no one seems quite sure how pending regulatory guidance will change the origination landscape. But recent earnings reports suggest that, while times are challenging, lenders have basically been able to push ahead and grow their businesses by adding profitable new originations to the books.