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May 1, 2014

Short Takes: Are Fannie and Freddie Secretly Funding a Pro-GSE Group? / Homeownership, No Longer the ‘American Dream’? / Jumbo Production Flat at EverBank / Ocwen’s Erbey Does the Earnings Spin

By Paul Muolo and Brandon Ivey

The TV ad we viewed is so glowing in praise that one might think the GSEs themselves produced it.

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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