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Volume 2014 - Number 6

February 13, 2014

Industry Observers Wait to See Where Watt Will Steer the Fannie/Freddie Conservatorships

Less than six weeks into the tenure of the new Federal Housing Finance Agency head, the policy direction of Fannie Mae’s and Freddie Mac’s regulator remains a mystery, much to the consternation of some industry observers. Since Mel Watt was sworn into a five-year term as FHFA director on Jan. 6, the former North Carolina Democrat congressman has made no public appearances or policy statements, except for canned comments attributed to him in routine FHFA announcements. “Everybody wants...

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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.