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March 24, 2014

Short Takes: FHFA’s DeMarco Calls it a Day / DeMarco for CSP Chief? / More MSR Deals from IMA, Prestwick / Citadel and Calcap Dominate Subprime? / Auction.com Stays Busy / Should JPMorgan Get out of the Mortgage Business?

By Paul Muolo

There has been some speculation that DeMarco might want the CSP CEO job, which pays in the range of $400,000. But many sources we talked to doubt it will happen.

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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