Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

Fannie, Freddie settlements eat into PNC earnings

Earnings barely move from 4Q13

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
W S

Firms adjust to industry changes

Dollar in the sand
/ Print / Reprints /
| Share More
/ Text Size+

According to Rob Chrisman’s Daily Mortgage News & Commentary, MGIC (MTG), CapWest Mortgage and Residential Finance are realigning themselves in the market to adjust to industry changes.

Repositioning itself to be more like Fannie Mae and Freddie Mac, MGIC decided it would no longer require a manual underwrite if the property being aquired has sold within the last 180 days.  

Additionally, CapWest Mortgage is expanding its secondary market operations to include a wholesale and mini-correspondent platform.

Meanwhile, Residential Finance is shifting gears from refinance to purchase focused.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus