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December 23, 2014

Short Takes: Impac and CashCall? / MBA on a Membership Roll / Bill Erbey Reflects / Bill Erbey, the Sacrificial Lamb? / The First-Ever Merger of Two Housing GSEs

By Paul Muolo and Brandon Ivey

Associates of Erbey told IMFnews that he knew several weeks ago that he would be stepping down from the company and viewed himself as a sacrificial lamb of sorts…

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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.

vote to see results