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June 10, 2014

Short Takes: Suddenly, Everyone is Going Non-QM / Is FHFA Punting on a CEO for the Common Securitization Platform? / Consumers Continue to Complain to the CFPB About Mortgage Lenders / Bill Could Bring Certain QM Relief

By Brandon Ivey and Paul Muolo

We’re hearing unconfirmed reports that the Federal Housing Finance Agency may not hire a chief executive and chairman for the common securitization platform project after all…

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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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