After Subprime Collapse, Nonbank Lenders Again Dominate Riskier Mortgages

Los Angeles Times, Nov. 30, 2015–Koren, James Rufus

PennyMac, AmeriHome Mortgage and Stearns Lending are all among the nation’s largest mortgage lenders and none of them is a bank. They’re part of a growing class of alternative lenders that now extend more than four in 10 home loans.