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May 12, 2017

What We’re Hearing: Mel Watt: Not on My Watch / Sen. Corker’s $10B Experiment with the People’s Money / Sen. Elizabeth Warren, Arrogant? / Will Pershing Square and Fairholme Win the Bet? / Wells Fargo Readies Jumbo MBS / Ocwen Needs More Time

By Paul Muolo

Several trade groups, investors and analysts quickly issued their take on Watt’s comments, but there were some notables missing in action: Pershing Square and Fairholme.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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