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May 13, 2014

Jumbo MBS Issuance Resumes: Pricing More Attractive, But…

By Brandon Ivey

Brett Nicholas, president of Redwood Trust, said the real estate investment trust plans to issue its next jumbo MBS around June.

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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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