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July 25, 2014

What We’re Hearing: Why Doesn’t JPM Just Get Out of Mortgages Entirely? / Down, Down, Down: JPM’s Ginnie Share / NAR’s Yun: CFPB Might Want to Investigate FHA / Do LOs Exaggerate Their Production Numbers? / Zillow and Trulia: A Match Made in Money-Losing Heaven

By Paul Muolo

NAR Chief Economist Lawrence Yun: ďThe way they have raised premiums and fees Ė the way I view it and what I hear from Realtors Ė is essentially they are ripping off consumers. Itís almost as if HUD needs to be turned over to the CFPB to be investigated"...

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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%