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January 22, 2014

Wells Fargo Agrees to Sell $39 Billion of MSRs to Ocwen, More Deals in the Works?

By Paul Muolo

Industry advisors expect Wells Fargo to sell additional packages of mortgage servicing rights in the months ahead.

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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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