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Volume 2 - Number 23

November 6, 2009

Downloads Available: View the attached file (in pdf format)


FHA Market Share Back on the Rise in 3rd Quarter

The slice of total mortgage originations that was FHA-insured in the third quarter of 2009 jumped significantly from the first two quarters of the year, nearing the record levels set by the program in late 2008. Through the end of September, the FHA share of total originations was 25.4 percent, up from around 18 percent in the first and second quarters, according to an Inside FHA Lending...

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Poll

What will Fannie Mae’s and Freddie Mac’s new 97 LTV programs mean for your business?

It will give our business a big boost as there is a lot of pent up demand for the product.
It will have only a minor impact on our overall business as we already are doing high LTV business through FHA and some of our high LTV FHA business is likely to shift to Fannie and Freddie.
It won’t have any impact on our business as we plan to steer clear of all high LTV business – particularly in the GSE market.

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