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April 1, 2014

Short Takes: Raj Date’s Fenway Summer About to Merge? / MWOB Contracts Spike at FHFA / Did the GSEs Really Repay Uncle Sam? / Obamacare Equals GSE Coup? / Norcom Hires New AE

By Charles Wisniowski, Paul Muolo

A group called The 60 Plus Association has released TV and radio ads in seven states targeting Senate Banking Committee Members who are sponsoring GSE reform legislation. The group claims the bills “allow the government to take over the mortgage industry in an action 'disturbingly similar' to Obamacare.”

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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