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May 6, 2014

Short Takes: Still No Chairman or CEO for the GSE Common Securitization Platform? / Redwood Wants to Join an FHLB / A Loosening of Loan Standards? Not Quite / Carrington’s MSR Volume Is… / Ouch: Ocwen’s Share Price Hits Low

By Paul Muolo and Brandon Ivey

CSP watchers say the GSE platform is starting to look like an orphan under director Mel Watt. But will Watt mention the project in his first public speech next week?

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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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