Industry Panel Outlines Concerns, Opportunities With GSEs, Credit Scoring

LAS VEGAS–Two of the hottest topics in mortgage banking currently are the respective futures of the GSEs and credit scoring. With that in mind a panel of industry leaders took the stage at the Mortgage Bankers Association’s Annual Convention and Expo to share their thoughts.

Panelists Outline Challenges to Releasing GSEs, Possibility of Guarantee

NEW YORK–“In any market system where you have some lack of clarity, there’s a price to that,” said Scott Ulm, CEO and Vice Chairman of ARMOUR Residential Reit Inc. “Undoubtedly, the more ambiguity you put into it, the higher the price gets.”