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June 11, 2014

FHA HAWK Funding Won’t Happen in the House, But in the Senate…

By George Brooks

The mortgage industry has raised concerns about the HAWK initiative because it carries the specter of new fees.

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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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