At the time, industry attorneys were concerned the review sought by All American could take the Supreme Court beyond the analysis and determination sought in the Seila Law case...
Other matters on the government’s priority list: setting a commitment fee, resolution of the QM patch, and “any other similar changes that could impact the GSE footprint.”
While production at the two government-sponsored enterprises rose a combined 6.7% for the month, hitting $117.55 billion, Ginnie issuance was off 7.3% from October.
Alaska, Hawaii, Guam and the U.S. Virgin Islands have a higher ceiling due to above-normal construction costs. In 2020, their ceiling will be at $1.148 million...