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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

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