How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
W S
The Ticker

Ginnie Mae halts MSR transfer from BAC to nonbank

MSRs lack documents, firm says

golf
/ Print / Reprints /
| Share More
/ Text Size+

Kate Berry at American Banker has a great scoop on Ginnie Mae halting the transfer of MSRs from Bank of America (BAC).

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing documents. The agency is asking the top servicers for an inventory of loans with missing documents.

Source: American Banker
Read full story

Recent Articles by Trey Garrison

Comments powered by Disqus