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August 28, 2017

Fannie Mae Tallies Loans Affected by Hurricane Harvey: $5.12 Billion and Counting

By Paul Muolo

A spokeswoman for Fannie said, “While the situation on the ground remains uncertain, areas impacted are subject to change…”

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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.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

vote to see results