Moody’s: Liquidity Issues for Non-Bank Mortgage Sector Drop Outlook to ‘Negative’

National Mortgage Professional, Apr. 2, 2020
Moody’s has announced it changed its outlook on the non-bank mortgage sector from “Stable” to “Negative,” as liquidity issues continue to cause concern amid the COVID-19 pandemic. Non-bank mortgage companies currently originate and service more than half of all residential mortgages in the U.S.