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August 13, 2014

$27 Billion in Mortgage Servicing Rights Up for Grabs?

By Paul Muolo

As IMFnews went to press, no other details were available on the transaction, including the identity of the seller or whether the product is “newly originated” or “legacy” in nature.

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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