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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

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