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Inside MBS & ABS
» Sterling Bank Buying Back Non-QMs from MBS Investors (IMA)
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Sterling Bank Buying Back Non-QMs from MBS Investors (IMA)
Our Price:
$55.00
Regulations
Product Details
Sterling Bank has offered to buy back all non-QMs after uncovering various problems with its lending program. Between May and July, the bank repurchased loans from five MBS, taking a loss.
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