Compliance, Construction, QC Products; 86% of Ginnie’s Business is From Non-Banks?

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Posted To: Pipeline Press

Welcome to “Bring Your Kid’s Candy to Work” Day, when candy bowls at receptionist’s desks and lunchrooms are brimming with treats worth a gander. What is also worth a gander, besides the Agencies announcing the threshold for smaller loan exemption from appraisal requirements for higher-priced mortgage loans, is a report from the U.S. Congressional Budget Office. The good news is that economic output grew by 2½ percent in 2018 and is expected to grow by more than 2 percent this year, continuing to support strong labor market conditions that feature low unemployment and rising wages. After 2019, economic growth is projected to average 1.8 percent per year, which is less than the historical average. But still a long way from any recession. But under current tax laws…(read more)

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