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June 18, 2014

IMA Offers Almost $1 Billion of Fannie Mae MSRs, A Larger Deal in the Works Too

By Paul Muolo

The average loan size is $215,080, the average loan-to-value ratio 72 percent. The first round of bidding is scheduled for next Wednesday, June 25.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

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