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June 11, 2014

Short Takes: Is the CFPB Overstaffed? / Dealing with Examiners: Put Them in the Basement and Turn Off the AC / Are AMCs Mortgage ‘Pimps’? / Applications Spike / Speaker of the House Jeb Hensarling?

By Brandon Ivey and Paul Muolo

“I’m tired of having the AMC acting as my pimp," said one appraiser. "The current situation is ruining the appraisal profession and turning appraisers into whores for the AMCs."

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

75% or higher
50% to 74%
30% to 49%
Under 30%

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