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Okay, So the MMIF is North of 2 Percent, but Don’t Expect a Premium Cut

November 16, 2015
George Brooks
So, will the FHA cut the MIP? Absolutely not, at least not at this time.
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Short Takes: Private MIs Want Higher FHA Capital Standards / Ocwen Sells Short-Term Paper / CoreLogic Updates Risk Model on Jumbos / Due Diligence Providers Added / Correction

November 16, 2015
Paul Muolo and Brandon Ivey
Some believe the FHA MMIF minimum capital standard should be 4.5 percent, not 2.0 percent.
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FHA MMIF Hits $23.8 Billion, Surpassing 2.0 Percent Capital Threshold

November 16, 2015
Paul Muolo
It's the first time since 2008 that the MMIF has had a capital ratio north of the congressionally mandated 2 percent minimum.
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Rising Population of Young Vets Could Spur More VA Lending

November 16, 2015
George Brooks
The number of young vets has risen while the 35- to 64-year-old bucket has shrunk...
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Silver Hill Now Taking Applications on SBC Loans, Including Multifamily

November 16, 2015
Paul Muolo
A nationwide roll out of the small-balance product starts next year.
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On the Rise: Nonprime, Non-QM Loan Volumes

November 16, 2015
Brandon Ivey
Impac’s initial foray into non-QM production was sourced mostly through the wholesale channel.
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Freddie Mac’s Planned Whole Loan Securities Transaction Receives Rating

November 13, 2015
Brandon Ivey
The loans to be included in the deal are similar to the types of mortgages that have been included in jumbo MBS issued in recent years.
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FHA Issues Interim Guidelines for Condo Project Approval

November 13, 2015
George Brooks
The interim guidelines modify three key areas where lender-complaints have been common, including a revision to the calculation of the owner-occupancy ratio.
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What We’re Hearing: loanDepot, What the Heck Happened? / Marketing Itself as Technology and Consumer Finance Firm / Eventually, the IPO Will Happen / Salivating Short Sellers? / Waiting on the FHA MMIF Audit

November 13, 2015
Paul Muolo
A handful of hedge funds were salivating at the prospect of shorting loanDepot's stock...
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Recapping the GSEs While Promoting Affordable Housing – Can Such a Concept Fly?

November 13, 2015
Carisa Chappell
The authors want the Treasury Department to end the quarterly profit sweep and allow Fannie and Freddie to raise about $100 billion in additional capital through several rounds of new common stock sales...
Read More
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