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April 2, 2018

Apathy Setting in on GSE Legislation. Industry Focus Shifts to Reg Reform

By Paul Muolo

Cowen & Co. recently updated its forecast on GSE reform passing this year, slashing the odds to just 10 percent.

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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.

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