Fannie and Freddie securitized $52.5 billion of single-family mortgages with private MI coverage in 1Q19, a 21.6% sequential decline, according to a new tally from Inside Mortgage Finance...
In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…
And that means: two more years of hyper-partisan bickering on both sides and legislation only getting passed if there’s a bi-partisan consensus or a national emergency...