6 secrets to dealing with regulations for mortgage servicers

6 secrets to dealing with regulations for mortgage servicers

A candid look from the perspective of 2 recovering regulators

First-time buyer GSE mortgage loans are getting far riskier

Risk index for agency mortgages for new buyers at series high

NASDAQ to delist Home Loan Servicing Solutions

Next shoe in New Residential deal drops
W S
Servicing / The Ticker

Bank of New York Mellon profit rises 26%

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

 

Bank of New York Mellon Corp.'s (BK) fourth-quarter profit rose 26% as the trust bank increased its assets under management and custody while also posting a credit in its loan loss provisions. Trust banks act as custodians and servicers for corporations and Wall Street and make most of their money collecting fees for various servicing activities, leaving results heavily dependent on market forces.

Source: MarketWatch
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus