The company plans to increase its efforts in the non-QM correspondent lending space
"To quote 'Jaws', we need a bigger boat"
Real estate is at a ten year high, according to one veteran, and set for a slight correction. This one mortgage segment will benefit, though
The new product is one of several innovative programs the company has introduced in recent months
The company has hired industry veteran Phil Grossfield to build its non-QM sales force
We spoke to an expert in the burgeoning nonprime lending, who is bullish on the segment and his own company’s future
Non-prime business is booming – but Citadel has launched incentives to make it boom even more
New controls have made non-prime lending in the US much safer than the pre-crisis subprime loans of old. But could Canada’s smaller subprime market be steering the country toward its own correction?