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July 2, 2014

What We’re Hearing: Those Darn Confidentiality Agreements with FHFA / Nationstar Does Not Borrow Short! Got That? / A 15-Year ARM (No, That’s Not a Misprint) / Ginnie Hits $1.5 Trillion Mark

By Paul Muolo and Brandon Ivey

One MI CEO, who we called, said this: “Thanks for reaching out. We, along with the other MIs are currently in confidential discussions with FHFA and the GSEs regarding the new standards. Unfortunately, we cannot comment until they are public.”

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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