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May 22, 2014

Short Takes: Every Mortgage Company is for Sale / A Large Mortgage Vendor Up for Grabs / Waiting for Mortgage Profits to Change Direction / Who’s Watching the FHFA IG / Investors Still Love Ocwen

By Paul Muolo and

Since that story appeared, we’ve talked to a few mortgage company CEOs who have said – tongue in cheek – that just about every mortgage firm is for sale.

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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