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December 1, 2014

Short Takes: Asset-Based Mortgage Lending Returns / ‘Fix and Flip’ Market Slowing? / CALCAP Opens Phoenix Office / Ocwen’s Share Price Falls at the Opening / Two Harbors Likes CRE

By Brandon Ivey and Paul Muolo

According to figures recently compiled by RealtyTrac, 26,947 single family homes were flipped nationwide in the third quarter.

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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