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January 8, 2014

Short Takes: Mel Watt Ready to Announce New Hires at FHFA? / Nader to Watt: What are You Going to Do With My Stock Holdings? / GSEs Won’t Earn a Ton Forever / Radian Has Strong Month / DocMagic Officials Get Industry Nods

By Paul Muolo and Thomas Ressler

New FHFA Director Mel Watt is expected to shakeup some of the senior staff at the Federal Housing Finance Agency.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

vote to see results