General World News

Why isn’t mortgage industry alarmed by FHFA actions?

There is a well-known analogy about a frog and a pot of water. If you drop a frog into a boiling pot of water, the frog will leap out. But if you drop a frog into a pot of cold water and turn the heat up slowly, the frog will boil. Personally, I think the frog is in trouble either way, but that is beside the point. In the period since Mark Calabria has been at the helm of the FHFA, there has been both a steady stream of GSE executive departures as well as a plethora of policies adverse details ⇒

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