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June 19, 2014

Short Takes: So, What’s Ed DeMarco Up to These Days? / Beat on the Brat Because of His (Lack of) GSE Knowledge / CFPB Rules Have Had No Impact Whatsoever on the Industry? / FHA Unveils New HECM Guidance / A New Strategy in MBS Cases

By Paul Muolo and Brandon Ivey and George Brooks

He may know how to run a decent race, but does economics professor David Brat – the man who beat Rep. Eric Cantor in the GOP primary in Virginia – know the history of the mortgage meltdown?

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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.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%