Departing GSE executive David Lowman: “With over six years at Freddie Mac, I want to take advantage of opportunities presented by the rapidly evolving mortgage finance marketplace and its adjacent industries."
Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…
In the second quarter, lenders funded $565 billion, an eye-popping sequential gain of 59.2%. It’s anticipated that the fourth quarter will yield the same, if not more.