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September 22, 2014

Center-Right Groups Want Transparency From Treasury on GSE Profit Sweep

By Charles Wisniowski

In the last quarter, for instance, Fannie and Freddie posted combined net earnings of $5.1 billion – most of which was swept into a Treasury account.

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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?

Yes, definitely. We’re planning a launch.
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Not now. But things could change as 2018 progresses.

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