SEP 20, 2012

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What We're Hearing

Who’s on the Fannie/Freddie ‘High Risk’ List?

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The most sought after list in the mortgage industry is the one that contains the names of the 300 seller/servicers and vendors that are on the Fannie Mae/Freddie Mac ‘high risk’ watch list. (So, if you have a copy drop it to me anonymously at my personal email account. All sources will be protected.) But, seriously, being on that list can’t be good news, but as one source pointed out to me, we know who isn’t on that list: Wells Fargo and JPMorgan Chase, the nation’s two largest originators which have a combined market share of 42%.

 

 

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