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January 15, 2014

Ginnie Mae Servicing Transfers (Sales) Surge 338 Percent

By Paul Muolo

Talk about red hot! Sales of Ginnie Mae mortgage servicing rights soared in fiscal 2013, Inside Mortgage Finance has learned.

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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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