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May 30, 2014

What We’re Hearing: Why The ‘Lawsky Effect’ May Hammer NSM, OCN, WAC / $61 Billion in MSRs Still Up Grabs? / 40 Percent of Lenders May Disappear? / LenderLive Will Buy Jumbos / San Antonio Lenders Ask: Julian Who?

By Paul Muolo

A new poll on the Inside Mortgage Finance website tells the story: Just 24 percent of respondents want Fannie Mae and Freddie Mac taken out to the Jersey Meadowlands by Luca Brasi. (Leave the gun, take the cannolis.)

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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