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February 3, 2014

Short Takes: New Penn Offers FHA FICOs at 580 / Freedom Goes After PHH’s Business? / Judicial States Have Slower RE Recovery / MountainView in Market with New MSR Deal / RESPA Abuses for $400, Alex

By Paul Muolo

It's nice to know that some lenders are willing to take on risk. Check out the new FHA/VA product from New Penn Financial: a 560 FICO minimum.

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How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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