High cost to originate wears on margins

On today’s episode, Editor in Chief Sarah Wheeler talks with Managing Editor James Kleimann about the rising cost to originate and the resulting drain on lender profits. The two also discuss the lenders jumping into non-QM products, inventory shortages and more. HW Media articles related to this epiosde: Profit margins are plunging for nonbanks Homepoint to jump into the non-QM market UWM rolls out bank statement loans for self-employed borrowers   Learn more about your ad choices. Visit megaphone.fm/adchoices