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November 24, 2014

FHA Production Strong in 3Q; Quicken #1 Again

By George Brooks

The 57 percent reduction in endorsements takes FHA closer to the levels of activity seen before the housing crisis.

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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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