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December 5, 2014

With Money to Burn, Treasury Increases Incentive Payments for HAMP Borrowers

By Brandon Ivey

Under the changes, the amount of relocation assistance available for short sales and deeds-in-lieu more than tripled to $10,000.

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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.

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