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September 17, 2014

Lender Launches Jumbo Reverse Product

By Brandon Ivey

The loan is available in California, Florida, Hawaii and New Jersey, and is slated to be expanded to other states.

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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