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December 24, 2014

Next Up: Who Will Buy Ocwen’s Agency MSRs? Pingora?

By Paul Muolo

“We tend to look at most everything if it is mainly performing and is 2010 or later vintage agency product," said Pingora CEO Michael Lau.

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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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