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December 29, 2014

Green Tree Increases Servicing Advance Facility With Barclays to $1.2 Billion

By Paul Muolo

Barclays is acting as the administrative agent on the deal and will be the sole note holder.

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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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