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MReport October 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT FINAL THOUGHTS Government Dealings Between the Department of the Treasury's plans for housing finance reform and the Fed slashing interest rates—again—the U.S. Government has been front and center in industry discussions. "The status quo is not an option" —FHFA Director Mark Calabria on the planned agreement with the Treasury Department to increase Fannie Mae and Freddie Mac capital retention. "exercising caution" —Nigel Green, Founder and CEO of deVere Group, discussing the uncertainty around future interest rate cuts from the Fed "still leaves all the work to be done" —David Stevens, former Federal Housing Commissioner and former President and CEO of the Mortgage Bankers Association, on the Trump administration's plans to privatize the GSEs. "tsunami of technology" —Allen Alishahi, Co-Founder and President of ShelterZoom, on how the influx of new technology is changing the housing market. "experiencing a slowing" —Holly Tachovsky, CEO of BuildFax, on the current state of the market

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