Bill Cosgrove

Bill Cosgrove

Bill Cosgrove, former chairman of the Mortgage Bankers Association, is the Owner and CEO of Union Home Mortgage headquartered in Strongsville, Ohio.

ARTICLES

  • Here's why small lenders should support GSE reform

    Inside thoughts from a small-to-midsize lender
    [Expert commentary] There appears to be a concerted, well-funded campaign out there spreading the myth that Congressional GSE reform is bad for small lenders. As a small-to-midsize lender myself, I promise you that this idea is false. In fact, the single biggest risk to small lenders is that Congress doesn’t act and the GSEs are allowed to recapitalize and are released from conservatorship without first being reformed.
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  • MBA's Cosgrove: The importance of nonbanks in the mortgage market

    The misperceptions of IMBs and other nonbanks
    In the wake of the financial crisis, nonbank lenders and servicers have witnessed a significant emergence in the mortgage business. In fact, independent mortgage banks are heavily dominating the single-family market. Yet misperceptions persist about the capacity of these IMBs and other nonbanks.
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