2020 Forecasts; News from Ginnie, USDA, Investors Following FHA and VA Changes

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Posted To: Pipeline Press

“I hate it when people ask me what I’ll be doing in six days. Come on folks. I don’t have 2020 vision.” You can be guaranteed that the Republicans will do what they can to prevent a recession in this election year. And I don’t think that refis will continue to account for 63 percent of total applications, as they did last week. On a smaller scale, in the recent past, and in 2020, VA lenders are definitely interested in the concentration of VA loans . Where are they being made? With the MOU between the Department of Justice and HUD regarding the False Claims Act, treble damages, and the potential for the potential of the lessening of punitive exposure, will be the Big Banks edge back into FHA lending? There is still a lot of mistrust of the government, and what…(read more)

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