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Volume 2018 - Number 22

June 8, 2018

Treasury Official Stressed Administration Backing for GSE Single-Security Project, No Matter Who Runs FHFA Next

A key Treasury Department official last month said the Federal Housing Finance Agency will remain committed to the single-security initiative no matter who the Trump administration names to take over the regulator of the two government-sponsored enterprises.

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.

17%

11% to 25%. It’s a challenging market.

48%

25% to 40%. It’s going to be very ugly.

24%

No opinion.

11%