An Old Fear Returns as New Mortgage Market Players Rise
MarketWatch, Feb. 29, 2016–Riquier, Andrea
Since the crisis, banks have increasingly stepped away from mortgage lending. Companies often called “nonbanks,” or “mortgage bankers,” like Quicken and Nationstar, are stepping into that void. There are more players in the mortgage market now, said Mortgage Bankers Association President and CEO David Stevens, and that distributes risk much more broadly.
