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August 25, 2014

Short Takes: Altisource to Hire 500 Workers…in India / Altisource Investors Not Happy? / Phoenix Capital Stays Busy with MSR Deals / Atlanta FHLB Joins MPF Program / 360 Mortgage Hires Western Regional Manager

By Paul Muolo and

Altisource shareholders are not happy campers these days. The firm’s stock is trading at $91 compared to a 52-week high of $171.

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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