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May 23, 2014

What We’re Hearing: Can the Mortgage Industry Survive on $1 Trillion a Year? / LenderLive Pondering a Sale? / Warehouse Usage Rates Hit Rock Bottom / High G-Fees Persist / Texas Mortgage Banker Leaves Company He Founded. Why?

By Paul Muolo

Here’s what the current state of mortgage banking boils down to: Can the industry survive on $1 trillion to $1.2 trillion in production a year through 2015?

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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?

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2 to 3 years. GSE reform is complicated.
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