By
MAY 27, 2014
Executives at the recent Mortgage Bankers Association secondary market conference pondered the same question they pondered at each of these shows since 2008: When will a vibrant nonconforming secondary market return?
The lack of consensus, nearly six years after the market collapse, was astonishing.
Some say it could take years, some say it's a matter of quarters. Some think move-up homebuyers in need of jumbo financing could revitalize this market; some say interest yields will have to get juicier. The one common thread is that industry officials clearly remain tentative and uncertain on this issue. Here are five disparate opinions gathered at the annual New York meeting:
Read the entire article at: http://www.nationalmortgagenews.com/blogs/hearing/five-best-answers-to-when-will-nonconforming-secondary-return-1041857-1.html
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