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April 8, 2014

New York State Launches Inquiry Into Ellie Mae Tech Snafu

By Paul Muolo

New York regulators want to know whether the additional costs will be passed onto consumers. Ellie Mae is not commenting.

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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.

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