Complete wind-down could take 5 years
In a speech this week focused solely on housing, President Barack Obama addressed the reform of GSEs — Fannie Mae and Freddie Mac. But with this topic of reform comes many questions. And so, Trulia (TRLA) Chief Economist Jed Kolko sat down with Business Insider's Josh Barro. Here is what Kolko had to say:
The current environment of mergers and acquisitions (“M&A”) is evolving. There is constant movement in the mortgage industry with the desire for growth and expansion. It is easy to become blinded by the end goal of increasing loan volume and quality origination talent. Thus, it has never been more important to focus on due […]
