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January 14, 2014

Short Takes: Will MBA’s Origination Forecast Hold Water? / The Equity Market Must Love Altisource / Connecticut Taxpayers Must Love TMS / DocMagic Scores Another Client / Dan Smith Leaves BrightPath Mortgage

By Paul Muolo

As expected, the Mortgage Bankers Association this week lowered its 2014 origination forecast to $1.12 trillion, a $57 billion decrease from its previous estimate. Word of the reduction was making the rounds last week.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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