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Volume 18 - Number 20

October 3, 2014

Industry Struggling Against Multiple Undertows

The mortgage industry is trying to make its way against demographic, economic and regulatory crosscurrents, with its future pretty much hanging in the balance, according to Mortgage Bankers Association Chairman-Elect Bill Cosgrove. Speaking to attendees of the MBA’s regulatory compliance conference in Washington, DC, early this week, Cosgrove raised some demographic issues that are troubling. “Today’s consumer is evolving in rapid fashion. The age of the first-time homebuyer ...

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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?

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