How to Use nonbank in a Sentence

nonbank

noun
Definition of nonbanknext
  • 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
  • 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
  • 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
  • The Biden administration is laying the groundwork to target nonbank firms with stricter federal oversight.
    — WSJ, 25 Nov. 2022
  • New Residential is among the largest nonbank owners of mortgage servicing rights, or MSRs, which confer the right to a stream of fees earned for doing things like collecting a mortgage’s monthly payments and distributing them to investors.
    — Telis Demos, WSJ, 24 Aug. 2021
  • Powell is unlikely to follow the suggestion, at least in the near future: Wells Fargo would somehow have to quickly shed dozens of nonbank subsidiaries, which would certainly undermine the bank’s financial health.
    — BostonGlobe.com, 14 Sep. 2021

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'nonbank.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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