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February 19, 2014

Treasury Memo From 2010 Cites Obama’s Intent to Block GSE Shareholders from Profits

By Charles Wisniowski

Public mention of the Treasury memo was first made earlier this month by former Solicitor General Ted Olson at a GSE shareholders rights advocacy forum in Washington.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

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