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March 13, 2014

Short Takes: Will AIG Spin Off UGI? / Paulson Continues to Show the Love for MI Firms / And Johnson-Crapo Loves MIs Too / The MSR Sales King Is… / New Penn Doubles Wholesale AEs / Miller Intros FHA Measure in the House

By Paul Muolo and John Bancroft

By itself, BofA accounted for 79.3 percent of the $606.3 billion shrinkage in commercial bank MSR portfolios during 2013. Where did all that servicing go to?

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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