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January 27, 2014

Short Takes: Hey, Who’s Going to Pay for All That Mortgage Compliance? / Reg AB2 is Coming / 33 Senators Don’t Want the GSEs Returned to Their ‘Previous Form’ / Progress on BofA Mortgage Settlement?

By Brandon Ivey and and Paul Muolo

The cost of mortgage compliance was a topic making the rounds at the recent ABS Vegas show in Nevada. Attendees, of course, wanted to know who might pay for all the new added costs.

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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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