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April 9, 2014

FHFA Pulls Out the Stop Sign on Servicing Sale to Non-Traditional Buyer

By Paul Muolo

Since late last year, the FHFA has decreed that it must approve any GSE servicing sale of 25,000 loans or more, which translates into roughly $5 billion of product.

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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?

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2 to 3 years. GSE reform is complicated.
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