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April 29, 2014

Short Takes: 1,480 ‘Pain Points’ in Obtaining a Mortgage? / OMG, Watt of FHFA May Finally Speak in Public / NPL Sales Coming from Fannie and Freddie? / A G-Fee Hike? / GAO Weighs in on Loss Mitigation Activities

By Thomas Ressler and Paul Muolo and Brandon Ivey

Meanwhile, rumors abound that Fannie and Freddie may once again be looking at the possibility of selling some of its nonperforming mortgages…

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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