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July 21, 2014

Short Takes: A $300,000 Signing Bonus for an LO? / PennyMac Files to ‘Resell Shares’ / DBRS Updates Non-Agency Criteria / ‘House of Cards’ Star to Speak at MBA / So Long Eric Billings

By Paul Muolo and and Brandon Ivey and Sherry Muolo

Did someone really pay a $300,000 signing bonuses to a new LO?

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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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