How to Use nonbank in a Sentence

nonbank

noun

• Shaky Foundations The rise for nonbanks in the mortgage sector and now their pain shows the shaky ground on which much of the post-crisis financial world has been built.
  — Joe Light, Bloomberg.com, 10 May 2020
• Six of the 10 biggest U.S. mortgage lenders today are nonbanks, according to the research group.
  — Annamaria Andriotis, WSJ, 6 Sep. 2018
• Stronger players—both banks and nonbanks—have been picking up servicing rights from weaker lenders that need to raise cash.
  — Ben Eisen, WSJ, 13 Feb. 2019
• Quicken is the first nonbank to become the top retail mortgage lender since the 2008 financial crisis.
  — Jc Reindl, USA TODAY, 1 June 2018
• On average, homebuyers save more in mortgage fees with a bank, like Chase vs. a nonbank.
  — Noel Cody, Essence, 19 June 2024
• Today, that number has more than flipped: Nonbanks originate 73 percent of the loans, with banks' share dropping to 18 percent.
  — Julie Creswell, New York Times, 21 Jan. 2017
• Many nonbank lenders, especially smaller ones, had to shut down after the Fed’s last round of rate increases.
  — Orla McCaffrey, WSJ, 8 Jan. 2022
• In sturdy financial systems, nonbanks help fill gaps left by banks.
  — Anjani Trivedi, WSJ, 17 Oct. 2017
• Business borrowers are more likely to seek business loans, lines of credit, and cash advances at large or small banks than at nonbank lenders.
  — Rohit Arora, Forbes, 30 June 2022
• BaaS integration helps the nonbank companies increase their customer base since bank customers tend to trust their banks to take care of their finances in the long run.
  — Ankit Agarwal, Forbes, 26 Apr. 2022
• So much of the credit formation has been in the leveraged lending market and the ultimate suppliers are nonbanks.
  — James B. Stewart, New York Times, 10 Mar. 2020
• Wall Street investors poured billions of dollars over the past decade into nonbank lenders like Crédito Real, enticed by their high growth and profits.
  — Alexander Saeedy, WSJ, 13 June 2022
• Loss of market share and profitable sources of income has weakened banks, and consumers are hurt by being driven to more expensive nonbank lenders.
  — William M. Isaac and, WSJ, 26 Oct. 2017
• Before Rocket’s blastoff, shares of nonbank mortgage lenders had done little to impress investors in recent months.
  — Orla McCaffrey, WSJ, 3 Mar. 2021
• At the same time, while lending is being limited by high-interest rates and risks, some banks and nonbanks are looking for ways to support their clients through subsidized loans.
  — Jon Stojan, USA TODAY, 18 July 2023
• But nonbanks tend to be more flexible on their underwriting.
  — Christina Rexrode, WSJ, 22 Nov. 2018
• The growth rate of BaaS sponsor banks has slowed, though those that remain committed (and have sound policies and procedures) should benefit since many nonbanks need sponsors.
  — Paul Davis, Forbes, 20 Feb. 2024
• For now bank resilience is mostly based on more and better capital and liquidity, but there has also been a rapid growth in complex ways to shift risk to funds, and in lending by nonbanks.
  — James MacKintosh, WSJ, 6 Sep. 2018
• Bob Broeksmit, head of the Mortgage Bankers Association, which represents nonbank lenders, said his group welcomed the review.
  — Andrew Ackerman, WSJ, 31 Aug. 2022
• The two biggest nonbank mortgage lenders finished out last year with their first quarterly losses since going public.
  — Ben Eisen, WSJ, 1 Mar. 2023
• On the contrary, Sens. Warren, Sanders, and others called for tighter controls on nonbank lenders to push more lending activity into the banking system.
  — Brian P. Brooks and Charles W. Calomiris, WSJ, 23 Aug. 2022
• While the largest banks remain well capitalized and safe, and the size diversity of the country’s banking system should be preserved, more may need to be done in overseeing mid-size banks and the nonbank sector.
  — Catarina Saraiva, Fortune, 29 June 2023
• Many auto lenders, including banks, nonbanks and the finance arms of car manufacturers, have been offering more loans with longer terms.
  — Christina Rexrode, WSJ, 10 June 2018
• Some lenders—particularly nonbanks that don’t have other lines of business —could take on riskier customers to keep up their level of loan volume, or be forced to sell themselves.
  — Christina Rexrode, WSJ, 11 Oct. 2018
• Of course, if the buyer of a reverse repo or a security sold by the Fed is a nonbank and pays for the purchase using its bank account, the money supply is directly affected.
  — WSJ, 9 Aug. 2021
• The bank had shied away from riskier leveraged finance amid steeper competition from nonbanks, Donofrio said in October.
  — Bloomberg, latimes.com, 4 June 2019
• The reawakening of the nonbank lending industry has been good news for the broader real-estate community.
  — Peter Grant, WSJ, 28 Sep. 2021
• That poses risks for the industry, in particular the nonbank lenders that extended the majority of mortgage credit so far this year.
  — Ben Eisen, WSJ, 10 Dec. 2020
• Canada has repeatedly tightened rules on banks, only for borrowers to turn to nonbanks.
  — James MacKintosh, WSJ, 26 Apr. 2018
• This includes banking-as-a-service platforms, where a sponsor bank allows a nonbank to tap into its regulated financial infrastructure.
  — Paul Davis, Forbes, 20 Feb. 2024

Last Updated: 4 Dec 2024