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June 10, 2014

Short Takes: Suddenly, Everyone is Going Non-QM / Is FHFA Punting on a CEO for the Common Securitization Platform? / Consumers Continue to Complain to the CFPB About Mortgage Lenders / Bill Could Bring Certain QM Relief

By Brandon Ivey and Paul Muolo

We’re hearing unconfirmed reports that the Federal Housing Finance Agency may not hire a chief executive and chairman for the common securitization platform project after all…

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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