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September 2, 2014

Short Takes: One Servicer That Loves the CFPB: FCI / FHA Will Get How Much from that JPM Settlement? / The Incredibly Shrinking Fannie / VA Closing Goes Paperless / Happy Anniversary, Sweep

By Paul Muolo

The FHA insurance fund received $336 million of the $614 million that JPM agreed to pay…

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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