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October 8, 2014

Short Takes: Did BofA Yank a Big Subservicing Contract? / No Word From Wingspan CEO This Time / Ethos Bullish on Loan Brokers / Black Knight Hires CTO

By Paul Muolo

Ethos Lending, a QM and non-QM lender, is marketing itself to third-party loan officers as the “broker advocate."

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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