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March 18, 2014

Short Takes: 1,300 Brokers Out in the Cold / What a Wonderful Job the Megabanks are Doing on Loss Mit / Shaun and Tom’s View on Loss Mit / DocMagic Gets the Nod for FHA eMortgage / Hell Hath No Fury Like an Ocwen Shareholder Scorned / Redwood's New MBS Deal

By Paul Muolo and Brandon Ivey

Translation into English: If you bought Ocwen’s stock at $60 and it’s now trading at $40 and you’re really steamed, give us a call.

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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