Economists at Fannie increased their projections for originations, citing "our more optimistic home price growth expectation and somewhat lower mortgage rate path, along with an upgraded expectation for home sales."
Sam Khater, chief economist at Freddie Mac, described the issue as “urgent, but manageable,” an opinion shared by others at the conference hosted by Americatalyst.
Denis McDonough, secretary of the Department of Veterans Affairs, said VA’s track record on mortgage financing is the best in the industry and that foreclosures among VA borrowers are extraordinarily rare.