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January 3, 2014

HUD Warns of Tougher Enforcement Against Servicers

By George Brooks

The effort, known as Tier Ranking System II, was created to determine servicer compliance with delinquent servicing guidelines developed by HUD.

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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