Mortgage Professional America forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Watt to signal FHFA strategy shift: Analysts

Notify me of new replies via email
Mortgage Professional America | 06 Jan 2014, 06:51 AM Agree 0
As Mel Watt prepares to be sworn in as FHFA head, industry pundits have predicted his tenure will mark a shift in strategy toward wider credit access
  • Joe Heisler | | 06 Jan 2014, 09:57 AM Agree 0
    Mr. Watts first order of business should be to undo the punitive MIP iincreases of the past 2 years and require lenders to actually follow FHA underwriting guidelines as a requirement for participating in the program.
  • John O. | | 07 Jan 2014, 12:01 AM Agree 0
    Mr. Watt, Please get the banks out of the AMC business. For the major banks to have ANY ownership interest in an AMC or appraisal Co. (LandSafe) is a conflict of interest. Bank owned AMC are ruining the appraisal business.
Post a reply