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June 10, 2014

An Ugly 1Q Indeed: Cost to Originate Spikes 21 Percent

By Paul Muolo

According to interviews conducted by IMFnews, many nonbanks lost money in January and February but began to see better results in March.

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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