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October 3, 2017

FHFA Director Mel Watt Once Again Sounds Warning on GSE Capital Buffer, Offers Hints on What He Might Do

By Paul Muolo

FHFA Director Mel Watt: “In fact, it is especially irresponsible for the enterprises not to have such a limited buffer..."

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Poll

Who "owns" the mortgage customer that’s brought to a wholesale lender through a loan broker?

The broker. It’s his/her client.
The wholesale/table funder. They’re taking the financial risk.
The broker, but only for the first year. After that, the borrower is fair game.
Hard to answer. It’s a complicated issue.

vote to see results