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June 5, 2014

GSEs, Ginnie Securitized $39.8B of Purchase Loans in May, a High for the Year

By John Bancroft

Unlike a lot of other housing-market data, the MBS figures are not seasonally adjusted, though they are seasonally affected.

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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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