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Non-Bank Lender CEO on Why Companies Like His Could Cause Next Crisis

(Mortgage News Daily) - 1 weeks, 2 days ago
 Posted To: MND NewsWireIn an opinion piece published by MarketWatch , the president of the nation's third largest non-bank lender says institutions such as his could find themselves in a tough situation should liquidity dry up. So tough, in fact, it could endanger the entire financial system. Sanjiv Das, CEO of Caliber Home Loans, says rising home prices which have made owning a home less affordable has also made life difficult for mortgage lenders. Originations have fallen, and after lende...
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