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May 28, 2014

Residential Finance Files Liquidation Notice, Citing ‘Sizeable’ Unsecured Debt

By Paul Muolo

Former employees of the firm told IMFnews that they are perplexed as to why the company’s owners did not file a bankruptcy filing in federal court.

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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.

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