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June 4, 2014

Western Asset in Talks With Citadel Servicing to Buy Non-Agency Loans

By Paul Muolo

Western Asset Management has a "ton of fire power" when it comes to buying non-agency mortgages, said one source.

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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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