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May 17, 2017

Short Takes: Refis Hit a Low Not Seen Since 2008 / Let’s Compare Conservatorships / HUD Chief Agrees with NAR on Condos / Dead Reverse Lender Settles / A New Branch for Castle & Cooke

By Paul Muolo

This fall will mark Ė unless thereís divine intervention or a Kumbaya moment in Washington Ė the ninth anniversary of the federal takeover of Fannie and Freddie.

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.

17%

11% to 25%. It’s a challenging market.

48%

25% to 40%. It’s going to be very ugly.

24%

No opinion.

11%