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May 12, 2014

FHFA Directs Fannie and Freddie to Give Lenders a Break on ‘Reps & Warrants’

By Paul Muolo

Among the changes, the two GSEs will no longer require that a lender automatically repurchase a residential loan when a mortgage insurance company rescinds coverage.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
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We will fund more than last year – by a lot.
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We will fund less than last year – by a lot.

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