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March 23, 2018

BAML Says Washington May Be Settling into Status Quo on Reform

By Carisa Chappell

Housing-finance reform appears to be in the process of a slow death for 2018 partly because of the pending departure of key players.

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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