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September 4, 2018

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GSE Buybacks Declined in 2Q18, but Pipeline of Pending Demands Grew

Only a trace amount – 0.5 percent – of unresolved buyback cases were related to loans purchased by the GSEs before 2009. Read More

CHLA Asks IRS to Ensure Nonbanks are Eligible for New Deduction – Just like Banks

CHLA and the Mortgage Bankers Association have cited a number of technical reasons why nonbanks should be eligible for the pass-through deduction. Read More

Trades Working on a ‘Don’t Do Anything Rash’ GSE Letter to Treasury

There’s a growing concern about a potential reduction in GSE loan limits… Read More

RoundPoint Hikes Debt Facility to $650 Million

RoundPoints new debt facility expires in 2021... Read More

Short Takes: Quicken’s Message to Loan Brokers / A Big Gain in Quicken’s Broker Market Share? / Lennar Picks New CEO for its Mortgage Sub / Fintechs Should be in CFPB’s Complaint Database

The marketing message from Quicken goes on to say: “Brokers are taking notice as we’ve doubled our market share over the last year..." Read More

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