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March 7, 2014

What We’re Hearing: A 90 Percent Plunge in Originations? / 20 Girlfriends, Only One Mortgage Bride / JPM’s Jamie Dimon Said What? / Who Died and Left Ben Lawsky Boss? / The CFPB Might Need to Open an Office in India

By Paul Muolo

Company executive Doug Reilly, commenting on the mortgage M&A market, had this to say: “It seems we need to take 20 girls to the alter just to marry one”…

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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