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September 13, 2017

Brian Montgomery (Finally) Picked for FHA Chief. Kittle for Ginnie Prez?

By Paul Muolo

If confirmed by the Senate, it would be Montgomeryís second go at the FHA post, a position he held in the administration of George W. Bush.

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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.

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