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November 17, 2014

Brokers and Correspondents Key Players in 3Q MBS Surge

By John Bancroft

Although Wells Fargo officially exited the broker market two years ago, it apparently still does a tiny amount of business through the channel.

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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