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May 21, 2014

Short Takes: Lawsky’s Comments Draw Fire / Ocwen in New York’s Crosshairs Again / CashCall Deal Moves Closer / Another Risk-Sharing Deal from Fannie / Mortgage Bills Await Vote

By Paul Muolo and Thomas Ressler

It appears that CashCall is getting closer to finalizing a deal to sell some of its production assets to the publicly traded Stonegate Mortgage.

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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