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December 29, 2014

Short Takes: How Much Do Loan Officers Earn? / The Lending Club is Worth What? / $17.6 Trillion In Untapped Equity / Wild Stock Market Effecting Homebuyers?

By Paul Muolo and Sherry Muolo

Of that amount, $9.9 trillion is mortgaged, according to Inside Mortgage Finance, which means consumers have untapped equity of $17.6 trillion.

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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.

vote to see results