Non-Banks aren’t the Same as Banks in Mortgage Lending

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

Non-Banks aren't the Same as Banks in Mortgage Lending

Lending from non-bank institutations is increasingly affecting housing, Professor Chris Brummer comments
Professor Chris Brummer discusses non-bank lending's effect on the housing industry

Minilateralism author Chris Brummer had the opportunity to appear on CNBC to discuss the rise of non-banks in the mortgage lending.  Among the points he highlights--the potential for non-banks to offer lending services in ways that require them to carry less capital than their more heavily counterparts in the banking industry.

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