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June 17, 2014

Short Takes: HUD Nominee Castro Hedges on Eminent Domain / FHFA Associate Director Singh Departs / The Longest MSR Transfer in World History? / Ocwen Pays Fine to Massachusetts / GSEs Clear Another Transfer Tax Hurdle

By George Brooks and Paul Muolo and Brandon Ivey and

At the FHFA, Singh was involved in strategic planning to help attract private capital to the mortgage industry, a key goal of former Acting Director Edward DeMarco…

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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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