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March 10, 2014

Short Takes: Some Advice on Mortgage Layoffs / UGI, Not A ‘Joiner’ / More on the New MI Trade Group / Are Special Servicers Bad Actors? / MSR Auctions From Prestwick, Phoenix

By Paul Muolo

In a new report, Compass Point Research & Trading asks: “Are the special servicers bad actors?” CPR&T concludes the answer is no, but notes “there is some merit” to concerns about the rapid portfolio growth at certain firms…

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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