Nonconforming

Bank Exposure to Negative Amortization Mortgages

Chart detailing the neg-am holdings of banks. Columns include carrying amount (UPB on balance sheet at end of period), remaining, and total neg-am amount in carrying amount. Also includes carrying amount for four previous years.

4Q14 Data

Poll

HUD has announced a 25 basis point cut in FHA premiums, which is slated to take effect in late January. Is your lending shop for or against a cut in FHA premiums?

For. It should help lending volumes.
Against. The private MI sector should take on this risk, not the government.
Too early to say.
I believe the new White House may scuttle the idea so it doesn’t matter.

vote to see results