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January 30, 2014

Originations Hit Post-Crash Low in Fourth Quarter, Top Dogs Lose Market Share

By John Bancroft

Inside Mortgage Finance makes it official: residential originations tanked in the fourth quarter, but certain nonbanks gained at the expense of the largest players.

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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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