Guild Mortgage, the nation’s 20th largest home lender (according to a ranking by Inside Mortgage Finance), is on track to originate a record $20 billion this year…
Fannie seems to be blaming the FHFA for the departure of former CEO Tim Mayopoulos. The mortgage giant also warns: “If there were several high-level departures at approximately the same time, our ability to conduct our business would likely be materially adversely affected…”
Talking to a handful of attendees at the CSBS this week, one GSE point became clear: Few in attendance believe Congress will create MORE GSEs. It’s just not in the cards – politically or otherwise.