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April 8, 2014

Short Takes: The (Mortgage) Empire Strikes Back! / And the GSE Joiners Are… / The Junior Preferred Shareholders, Where Are They Today? / Yet Another GSE Shareholder Advocacy Group / Come On, You Can Say It: We Like the Current System

By Charles Wisniowski, Paul Muolo

Why doesn’t the MBA, NAHB and National Association of Realtors just come out and say what they really mean, which is this: Leave Fannie and Freddie alone, return them to their shareholders and they’ll never buy another ALT A or subprime mortgage again.

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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.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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