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March 4, 2014

Short Takes: Jamie Dimon’s Biggest Regret: Default Servicing / Ocwen Comments on MSR Prices / AHP Buying NPLs / Mortgage Master Continues Expansion / PNC’s Mortgage Woes

By Brandon Ivey and Paul Muolo

Add default servicing to the list of things JPM's Jamie Dimon doesn't like about the mortgage industry.

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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