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February 4, 2014

Short Takes: Are Heads Rolling at Wall Street Trading Desks? / Endeavor May Fund $5 Billion This Year / SEC Continues to Delay Reg AB2 / FSR Hires MBA’s Top Mortgage Lobbyist / Fannie and Freddie Beat the Tax Man – Again

By Brandon Ivey and and Paul Muolo

A veteran player in the jumbo ARM market said one investment bank in particular has “had lots of layoffs.”

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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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