May 8, 2014
Short Takes: PHH Smacked Around, Nationstar Not So Much / Does Fannie Mae Have A Spending Problem? / Time to Short Home Builders, says Gundlach / Portfolio Lenders May Get a QM Break / Regulation Coming to Nonbank Servicers
Fannie Mae reported nice guaranty fee income in first quarter, but as one former GSE executive told us: “Their expenses are out of control.”
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