Does the mortgage industry still need Appraisal Management Companies?

Does the mortgage industry still need Appraisal Management Companies?

Not with Fannie Mae's Collateral Underwriter

CFPB wants more mortgages in "underserved" areas

And here's how they will get it done

Fitch warns Ocwen-related RMBS deals face major downgrade

Placed on “Rating Watch Negative”
W S
Investments / The Ticker

This year will be a great year for mREITs

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Annaly Capital seems particularly well-positioned to take off, but recent news doesn't apply just to buyers of Fannie- and Freddie-backed mortgage backed securities like Annaly, Armour Residential, and American Capital Agency.

Without further ado, let's dive right in and see what recent news items bode well for these companies that make investors money by borrowing short and lending long.

Source: The Motley Fool
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