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February 14, 2014

What We’re Hearing: What are Fannie and Freddie Paying Their Subservicers? / Still in Love with the Mortgage Industry / John Robbins Returns with a Mortgage Co-op / MountainView Readies Another MSR Auction

By Paul Muolo

For an industry that’s looking at a 30 percent decline in originations, we’re seeing a great deal of SEC 13-d filings by investment funds that are upping their stakes in such players as MGIC, Radian, Ocwen, Walter, EverBank and the like.

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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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