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May 6, 2014

Short Takes: Still No Chairman or CEO for the GSE Common Securitization Platform? / Redwood Wants to Join an FHLB / A Loosening of Loan Standards? Not Quite / Carrington’s MSR Volume Is… / Ouch: Ocwen’s Share Price Hits Low

By Paul Muolo and Brandon Ivey

CSP watchers say the GSE platform is starting to look like an orphan under director Mel Watt. But will Watt mention the project in his first public speech next week?

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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