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October 13, 2014

Short Takes: Is Ocwen Under Valued? / Did Ross Sell Homeward at the Peak of the Market? / The Dream: A Reduction in FHA Premiums / Faye Servicing Gets Servicer Approvals / Mortgage Network Hires Former Countrywide Official

By Paul Muolo

The Community Home Lenders Association has asked new HUD secretary Julian Castro for a “meaningful reduction” in the FHA’s annual premiums…

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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.

vote to see results