May 9, 2014
What We’re Hearing: Will Ocwen Start an Insurer So It Can Join the FHLB System? / What Will Watt Say? / Are Fannie and Freddie Dogs? / Cargill Likes Freddie At Least / Top Nationstar Executive Departs / Is Stearns Lending Raiding Wells Fargo for Staff?
One REIT manager suggested that in time FHFA Director Mel Watt may move to eliminate the captive insurer/FHLB “loophole”…
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