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December 9, 2014

FHFA Still Working on Capital, Liquidity Standards for Nonbanks

By Paul Muolo

One source told IMF that in some instances, certain nonbanks have been asked by the agencies to hold “more capital” in reserve accounts than other seller/servicers.

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

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We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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