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Volume 2017 - Number 19

May 18, 2017

Treasury Official Supports Expanded GSE Credit- Risk Transfers, More Mortgage Regulatory Clarity

Craig Phillips, counselor to the Treasury secretary, recently spoke about the importance of credit-risk transfers, the role of private capital in the mortgage market and burdensome regulations. During a credit-risk transfer symposium in New York City earlier this week, he said it’s important to grow participation in the government-sponsored enterprises’ CRT programs. “Every dollar of risk today is a dollar less of taxpayer risk,” said Phillips. “In my view we should continue...

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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.