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March 25, 2014

FHFA IG Slams Pre-Foreclosure Reports Done for Fannie and Freddie

By Charles Wisniowski

Furthermore, the IG notes that GSE servicers failed to consistently conduct oversight procedures to evaluate vendors’ property inspector performance.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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