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September 24, 2014

Short Takes: Ginnie to New Issuers: Use it Or Lose It / Suddenly, Wholesalers Everywhere / Fannie Doesn’t Like B&Bs / Motor City No. 3 for HARP Outreach / Ex-JPM Executive Gets Key Job at FHFA

By Paul Muolo and

Hell hath no fury like an agency whose new issuers are not actually issuing (MBS)...

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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%