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October 14, 2014

Walter Reveals Additional Scrutiny on its Servicing Practices; It Met With AGs

By Paul Muolo

The $17 million reserve will be booked as part of Walter's third quarter earnings.

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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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