Lowering premiums now would only put the FHA MMIF further behind, the House Financial Services Committee chairman argued.

Mortgage lenders are delirious about lower FHA premiums, right? Well, not everyone.

HUD Secretary Castro said the MMIF is on a “positive trajectory,” though he admits the premium reduction could delay its recovery...

Molly Boesel, a senior economist at CoreLogic, said mortgages originated in the past four years are among the most pristine loans made in the past two decades.

“Auctions would determine the market prices of those guarantees and allocate them to the lenders who most valued them,” the CBO said.

Elsewhere, Batkins projects compliance with all of the CFPB's 2014 regulations to cost the financial services industry $2.1 billion.

The National Association of Realtors recently estimated that in 2014, nearly 234,000 creditworthy borrowers were priced out of the housing market because of high FHA insurance premiums.

On an annualized basis, Ocwen Financial is still profitable and has a price-to-earnings ratio of 10.

Of course, we’re waiting to see what Republicans on Capitol Hill think of a cut in FHA premiums…

MBA's Stevens believes that making a change in the PSPAs would not go over very well in a Republican-controlled House and Senate.