Carisa Chappell

Recent Stories From this Author

FHFA IG Critical of Fannie Mae Consolidation Play in Northern VA
September 18, 2018 The IG says four officials in the FHFA’s Division of Conservatorship told investigators that Fannie did not face an “action...

Watt Accuser at the FHFA Seeks Senate Hearing on Sexual Harassment Allegations
September 18, 2018 In late July, Director Watt issued a statement saying he had not “done anything contrary to law.”

FHFA Pulls the Plug on Fannie and Freddie Funding Corporate SFR
August 22, 2018 Fannie Mae came under heavy criticism from certain elected officials and affordable housing advocates for extending $1 billion...

FHFA Wants GSEs to Take a Closer Look at Their Multifamily Lenders
August 20, 2018 The FHFA wants Fannie and Freddie to institute proper controls and perform monitoring on their multifamily counterparties…

With GSE Single Security Launch Less Than a Year Away, TBA Eligibility Uncertain
August 17, 2018 Some key regulatory concerns remain unresolved or unclarified, according to SIFMA…

The Fannie Mae Mystery Executive in the Heavily Redacted FHFA IG Report: CEO Timothy Mayopoulos
August 15, 2018 On July 23rd, Fannie announced Mayopoulos would depart as CEO before yearend. The heavily redacted FHFA IG report is dated...

Millenials Face Growing Challenges to Homeownership
August 10, 2018 High rents, a limited housing supply and excessively tight credit standards are stopping...

House Subcommittee Plans Hearing on ‘Waste, Fraud and Abuse’ Allegations at the FHFA. The GSEs?
August 9, 2018 There was no mention of Freddie Mac’s CEO, Don Layton.

GSE Shareholders Propose New Theory in their Legal Challenge: the FHFA is Unconstitutional
August 9, 2018 Legal argument: If the FHFA is unconstitutional, then the net worth profit sweep must be…

Treasury Gives Blessing to GSE Appraisal Waivers, More. But Moody’s Worries About AVMs
August 6, 2018 The Treasury report acknowledges concerns from the appraisal industry but touts the benefits of using the waivers…


Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.
The wholesale/table funder. They’re taking the financial risk.
The broker, but only for the first year. After that, the borrower is fair game.
Hard to answer. It’s a complicated issue.

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