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April 25, 2014

What We’re Hearing: Who Will be Left Standing After the Great Mortgage M&A Tsunami? / Paul Reddam to Spend More Time With His Horses / Warehouse Ugly Too / $150 Billion in Ginnie MSRs Changed Hands / A Head Fake for Johnson-Crapo? / Glen Corso, Trade Group Chief

By Paul Muolo

At one shop based in the Midwest there’s unconfirmed talk of loan officers who haven’t been paid for months, unpaid leases and top executives who were on vacation as volumes collapsed.

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Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

I wish we had another option, but we don’t.

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