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August 7, 2014

Fannie, Freddie Report ‘Normal’ Second Quarter Profits

By Charles Wisniowski

Fannie Mae and Freddie Mac are expected to pay some $5.6 billion to taxpayers following a ďnormalĒ second-quarter earnings period that was largely absent of big-ticket tax breaks or large litigation settlements, the two government-sponsored enterprises announced Thursday morning.

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Poll

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

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%