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Mortgage Broker News | 17 Aug 2015, 08:30 AM Agree 0
With the recent purchase of CFF Bank by Home Capital Group, there appears to be an industry shift to transitioning schedule 1 banks into the mortgage channel
  • DeJong | 17 Aug 2015, 01:02 PM Agree 0
    "Are mortgage lenders moving en masse to schedule 1 banks?"

    Short answer is no. The only lenders aggressively pushing for sched 1 would be those concerned about diversifying funding to keep costs lower if, say, concerns arose that fraudulent mortgages could affect their solvency.
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