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September 16, 2014

FHA Commissioner Would Like to See Agency Separated from HUD

By George Brooks

David Stevens, who led the FHA for part of the financial crisis, recalled difficult times dealing with policymakers and appropriators.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

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