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July 25, 2014

Buried in the FHFA IG Report: Fannie and Freddie Will Conduct More ‘Operational Reviews’

By Paul Muolo

Nationstar Mortgage and Walter Investment are the only seller/servicers (counterparties) mentioned by name in the FHFA IG report on nonbank risk.

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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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