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September 12, 2014

MI Firms Aren’t the Only Ones That Want Changes to FHFA ‘Eligibility’ Rules

By George Brooks

As written, the proposed rules from the FHFA could cause mortgage insurance premiums to spike.

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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