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January 3, 2014

Jumbo MBS Issuance Slowed to a Crawl in Fourth Quarter

By Brandon Ivey

While activity plummeted in the second half of the year, jumbo MBS production in 2013 was nearly four times the level from the previous year.

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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