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Volume 15 - Number 1

December 30, 2014

GSEs Still Backing CFPB Push for eClosing, eMortgage Adoption

Fannie Mae and Freddie Mac are continuing their efforts in support of the Consumer Financial Protection Bureauís eClosing initiative as well as the broader industrywide push for eventual eMortgage adoption, despite the challenges that have confronted the latter over the past decade. Ann Epstein, product development director at Freddie, told Inside The GSEs she does not think the limited adoption of eMortgages to date is a technology issue. ďThe technology ...

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

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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