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May 30, 2014

What We’re Hearing: Why The ‘Lawsky Effect’ May Hammer NSM, OCN, WAC / $61 Billion in MSRs Still Up Grabs? / 40 Percent of Lenders May Disappear? / LenderLive Will Buy Jumbos / San Antonio Lenders Ask: Julian Who?

By Paul Muolo

A new poll on the Inside Mortgage Finance website tells the story: Just 24 percent of respondents want Fannie Mae and Freddie Mac taken out to the Jersey Meadowlands by Luca Brasi. (Leave the gun, take the cannolis.)

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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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