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December 1, 2017

What We’re Hearing: Yes, There’s a Senate GSE Reform Bill in the Works / Acting Ginnie Mae President Has Some MBS Ideas / How Many Loss Positions are There? / The Mulvaney Effect? / Ranieri will Stick Around

By Paul Muolo

Mick Mulvaney has been in charge of the CFPB all week and we’ve yet to hear one prediction that subprime mortgage lending will revive with a vengeance…

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Poll

How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.

37%

11 to 30. We’re feeling slightly bullish.

15%

31 or more. We’re in expansion mode.

None. We’re staying right where we are, for now.

26%

We’re cutting back.

22%