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September 13, 2017

White House Finally Issues ‘Intent’ to Nominate Notice on Brian Montgomery for FHA Commissioner

By Paul Muolo

While in the Bush White House, Montgomery assisted in HUDís recovery and rebuilding efforts along the Gulf Coast and New Orleans following Hurricane Katrina. He is expected to play a similar role in the wake of hurricanes Harvey and Irma.

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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