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January 24, 2014

What We’re Hearing: Time to Investigate the Government Takeover of Fannie and Freddie? / Fairholme Increases its GSE Holdings / Lenders Rolling out First-Lien HELOCs / George Mason Mortgage Loses Money, for Real / NTC Sees Fewer Differences Among Lenders / SLS Expands

By Paul Muolo

Who at the GSEs (or at the Federal Housing Finance Agency) was responsible for telling Fannie and Freddie to set aside so much money for loan losses and were those assumptions way off base?

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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