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May 21, 2014

Short Takes: Lawsky’s Comments Draw Fire / Ocwen in New York’s Crosshairs Again / CashCall Deal Moves Closer / Another Risk-Sharing Deal from Fannie / Mortgage Bills Await Vote

By Paul Muolo and Thomas Ressler

It appears that CashCall is getting closer to finalizing a deal to sell some of its production assets to the publicly traded Stonegate Mortgage.

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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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