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June 9, 2016

Trade Groups Battle Over GSEs in Letters to FHFA while Watt Notes that Reform is up to Congress

By Carisa Chappell

Watt has given no indication that he wants to wade into this mess and has repeatedly stressed that itís up to Congress to figure out what to do with Fannie and Freddie.

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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.


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


Maybe. It’s under consideration.


Not now. But things could change as 2018 progresses.