Among the four main mortgage products, only originations of expanded-credit loans increased on a quarterly basis in the third quarter, according to a new ranking and analysis by Inside Nonconforming Markets. Originations of expanded-credit loans rose 10.5 percent in the third quarter. The sector includes non-qualified mortgages, nonprime loans, mortgages with alternative documentation and any other non-jumbo mortgages not eligible for delivery to ... [Includes one data chart]
Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.
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