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October 13, 2014

MBA Wants to Reopen the Debate on Basel III Cap for MSRs; 50 Percent for Thrifts?

By Paul Muolo

One forensic accountant said of the matter: “Basel basically treats MSRs as a toxic asset. It’s a huge topic.”

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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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