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
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Items Tagged with 'Nationstar'

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Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
April 16, 2014
Analysts from Keefe, Bruyette & Woods have joined the prognostication party and released their own predictions for what the first quarter earnings will look like and what that means for the rest of the year.
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Christopher Whalen: The death of mortgage lending

It's not the CFPB's fault
April 14, 2014
“New regulations are a very convenient excuse for the large banks to get away from what is a crappy business,” according to one senior banker.
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Mortgage operations suffer differently at JPMorgan and Wells Fargo

Analyst breaks down the difference
April 11, 2014
Wells Fargo and JPMorgan Chase reported their first quarter earnings. Mortgage operations continue to suffer at both, but in very different ways.
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Legg Mason's Miller bullish on subprime servicers like Nationstar

Sees growth opportunity, not danger
April 10, 2014
Legg Mason chairman and chief investment officer Bill Miller told CNBC’s Squawk Box that Legg Mason is bullish on big subprime mortgage servicers like Nationstar and Springleaf.
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Nationstar continues growth under regulator spotlight

Nonbanks doing better with MSRs than banks
April 9, 2014
The big nonbank servicers have been caught in the regulatory spotlight over concerns they don’t have the capacity to properly and fairly service the mortgages they handle. Turns out, the nonbanks are doing a much, much better job than the banks.
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Shake-up in the C-suites at Nationstar

Hisey to head strategy and external relations, Stiles to CFO
April 2, 2014
Nationstar is making leadership changes that are part of the company growing more mature and leveraging the strengths of its executive team to support the company’s operations.
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Christopher Whalen: So what is today's nonbank business model?

Regulatory pressures amount to legalized extortion
March 28, 2014
So far 2014 is turning into a mixed bag for nonbank financial firms focused on the mortgage sector. And it's not likely to change given the current regulatory attitude that amounts to nothing short of the legalized extortion of the mortgage business.
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Is Benjamin Lawsky only going to get more aggressive?

Ballard Spahr says industry hasn’t seen anything yet
March 27, 2014
In a note to clients, Ballard Spahr warns that the head of the New York State Department of Financial Services is only going to get more aggressive in his crusade against perceived wrong-doers.
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RMBS servicers finally getting a break?

Advance rates rebounding with home price gains
March 26, 2014
The decline servicer advancing rates suffered over the last several years is leveling off and servicers could see a positive change in trajectory – at least by modest degrees – as home price gains of 20% since 2012 upped recovery values for servicers.
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Nonbanks changing RMBS, MSR servicing landscape

New normal: More aggressive loan mods, oversight
March 26, 2014
It’s been a year of great change and the new normal is emerging for RMBS servicers, especially those focusing on the severely delinquent mortgage loans segment.
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