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May 13, 2014

FHFA’s Watt Rules Out GSE Loan Limit Decrease, Offers Buyback Relief

By Paul Muolo

“This decision is motivated by concerns about how such a reduction could adversely impact the health of the current housing finance market,” said FHFA Director Mel Watt.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

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Not now. But things could change as 2018 progresses.

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