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September 23, 2014

Ginnie Mae Promises Net Worth Rules for All by MBA Annual

By Paul Muolo

Soon it will be easier to use Ginnie Mae mortgage servicing rights as collateral, or so the agency hopes.

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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.

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