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In the September issue:

Table of Contents

Q&A with Mike Williams
We sat down with former Fannie Mae CEO Mike Williams just after he took on his new job of leading Prospect Mortgage. We asked about a whole bunch of issues, including his new job, government-sponsored enterprise (GSE) pricing policies, what caused the mortgage crisis and the timing of GSE reform. This is a must-read.
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Buried in Loan Docs
Cy Brinn, chief operating officer of VirPack, shares brand-new data with our readers that shows how new regulations are causing loan files to expload in size. VirPack's new quarterly report shows the percentage of loan files with 800 or more pages went from 3 percent in 2010 to 16 percent in first-quarter 2014. Brinn explains the fallout from all this extra paper. And by the way, Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA) loans had a much larger share of huge files.
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