GSE Warehouse Lending Pilots Tantalize Originators
August 26, 2009
Mortgage originators desperate for greater warehousing capacity are anxiously, hopefully eyeing some pilot programs reportedly underway at Fannie Mae and Freddie Mac that might give them some relief. “We’re hopeful that in fact there’s going to be a role for the GSEs. [Federal Housing Finance Agency] Director James Lockhart has stated publicly that the GSEs have a couple of pilot...