End of GSE conservatorships could be sudden and quick

The government-sponsored enterprises’ exit from conservatorship could be unexpected and quick, the senior vice president of mortgage finance policy at the Independent Community Bankers of America said.

While a methodical process may take place, he wouldn’t be surprised if the opposite happens, Ron Haynie said, speaking during an online presentation from Lenders One and the Community Home Lenders of America.

“Given the way the administration tends to operate, I think it’s going to be spur of the moment,” Haynie said. “I think it’s going to happen overnight or over a weekend,” much the same way the government seized control of Fannie Mae and Freddie Mac in the first place.

Plus, given Federal Housing Finance Agency Director Bill Pulte’s penchant for spreading his message on social media, as…