Joe Garrett: “Companies that don’t seem to get too agitated about the occasional loss, and we’ve seen too many of them, seem to have more and larger losses than those companies that are obsessive about not losing money.”
Gate House Strategies, which features former FHA Commissioner Brian Montgomery as one of its founding members, will focus on FHA/Ginnie Mae/HUD and Fannie Mae/Freddie Mac policy issues. The Collingwood Group V2?
The Housing Financial Literacy Act and the Improving FHA Support for Small Dollar Mortgages Act are both aimed at making homeownership more affordable for borrowers.
The share of residential mortgages in forbearance decreased for the ninth straight week to 4.47%. Overall, 2.23 million homeowners remain in forbearance, according to the Mortgage Bankers Association.
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