This was a particularly powerful takeaway for me on where we're at:
"Since non-bank lenders don't take deposits, they are forced to use lines of credit obtained from banks to provide funding for their loans. In a housing downturn or liquidity crunch, the banks could pull the line of credit and essentially put the non-banker lender — large or small — out of business."
Submitted May 06, 2019 at 10:50AM by OfficialHavik http://bit.ly/2ZZD0pe