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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

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.

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