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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

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