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February 5, 2014

Short Takes: QRM is Almost Ready / Radian Now #1 in MI? / Wells Lowers FHA FICOs / Yes, Williams is Leaving Mortgage Resolution Partners / Flippers Paradise / GOP Delays Flood Bill

By Thomas Ressler and Paul Muolo

Federal regulators have, for all intents and purposes, completed their work on the qualified residential mortgage standard. This means the final rule’s release could be imminent.

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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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