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September 4, 2014

Short Takes: Former FHFA Chief DeMarco Passes on One Job, But Goes to Milken / DeMarco Pens His First Paper / CHLA Against G-Fee Hike / Home Equity Lending on the Rise / Big Banks May Have to Report Certain Mortgage Info Monthly

By Paul Muolo and Brandon Ivey and John Bancroft

Can former FHFA director Ed DeMarco affect the debate on the future of Fannie Mae and Freddie Mac? Can anyone?

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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