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March 24, 2014

Short Takes: FHFA’s DeMarco Calls it a Day / DeMarco for CSP Chief? / More MSR Deals from IMA, Prestwick / Citadel and Calcap Dominate Subprime? / Stays Busy / Should JPMorgan Get out of the Mortgage Business?

By Paul Muolo

There has been some speculation that DeMarco might want the CSP CEO job, which pays in the range of $400,000. But many sources we talked to doubt it will happen.

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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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