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November 4, 2015

Short Takes: A Kinder, Gentler Fannie Mae on LLPAs? / Former Fannie Exec Blames the Government for the GSE ‘Crisis’ / MBA Weighs In / CFPB Not Happy on Servicer Performance / New Servicing Chief for Wells Fargo

By Paul Muolo and Thomas Ressler

MBA continues to believe that, given the lack of reserves, eventually the GSEs will need to take a draw from Treasury, said Dave Stevens.

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How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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