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.

Articles related to this episode:

• Profit margins are plunging for nonbanks
• Homepoint to jump into the non-QM market
• UWM rolls out bank statement loans for self-employed borrowers

HousingWire Daily examines the most compelling articles reported across HW Media. Each afternoon, we provide our listeners with a deeper look into the stories coming across our newsrooms that are helping Move Markets Forward. Hosted by Sarah Wheeler and produced by Elissa Branch.