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October 22, 2014

Flagstar Boosts Originations by 21 Percent, but CFPB Settlement Hammers 3Q Results

By Paul Muolo

However, there was some good news. Flagstar reported residential originations of $7.19 billion, a 21 percent gain from 2Q.

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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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