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September 17, 2018

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Wells Fargo Ready to Break its Jumbo MBS Drought

Wells Fargo accounted for 15.0 percent of all jumbo mortgages originated during the first half of 2018… Read More

GSE Purchase Business Up Again, but Refis Rise as Well

The refi surge may be attributable to more cash-out transactions. Read More

Wanted: Two Semi-Retired CEOs Who Can Run Fannie and Freddie

Then again, maybe needing a CEO is overblown. James Fenkner, a GSE shareholder, told Inside Mortgage Finance: “It is not that the CEOs are paid too little…” Read More

Parent of Church Street Mortgage Files to Go Public

If all goes well, the net proceeds will total $20.25 million. Read More

Short Takes: MBA’s Stevens Looks Back at the GSEs (Pre-Crisis) / A No-Bid Because of FM Watch Ties / What’s FM Watch? / Sharp Elbows? / TMS Buys Two MSR Packages, Is Hungry for More / PenFed Hires USAA Exec to Run Mortgages

It may be hard to fathom, but Fannie and Freddie once played with very sharp elbows… Read More

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