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April 28, 2014

FHA Originations Continued to Slide in February

By George Brooks

Mortgage lenders reported $8.2 billion of new forward FHA loans for February, down from $11.4 billion for January and $19.5 billion from a year ago.

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Poll

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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