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May 7, 2014

Short Takes: The Strange Case of Richard Hornsby and Ed DeMarco / Quite a Quarter for Radian / Ostendorf on Clayton / Marc Savitt Returns and Promises to be a Pest to the CFPB / Mel Watt Focuses on Affordable Housing

By Paul Muolo and

Before joining the FHFA in late 2011, Hornsby spent 26 years at the Federal Reserve Bank of San Francisco, the last 10 under Janet Yellen, who is now the nation’s central banker.

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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