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September 2, 2014

Credit Suisse Issues Complex Jumbo MBS, New Penn a Major Contributor

By Brandon Ivey

The top contributors to the deal are New Penn Financial with a 23.1 percent share, EverBank Financial with 20.3 percent and Quicken with 19.8 percent.

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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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