Mortgage Servicing
Latest Posts
Show me less money? MBA reports mortgage profits nearly slashed in half
Apr 17, 2018According to its Annual Mortgage Bankers Performance Report, independent mortgage banks and mortgage subsidiaries of chartered banks made an average profit of $711 on each loan they originated in 2017, down from $1,346 per loan in 2016. That only puts half a dinner on the table and this is not good at all.
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Is Bank of America taking its focus off mortgage lending?
Apr 16, 2018 -
Fannie Mae sells $2 billion in re-performing loans to Fortress, private equity firm
Apr 11, 2018 -
RoundPoint Mortgage Servicing adds five executives
Apr 11, 2018 -
TMS unveils mortgage servicing mobile app
Apr 05, 2018 -
Stone Point Capital acquires majority interest in American Mortgage Consultants
Apr 05, 2018 -
Angel Oak Capital Advisors hires Namit Sinha to oversee firmÕ non-QM investments
Mar 29, 2018 -
Ocwen reaches settlement with Massachusetts mortgage regulator, but state lawsuit remains
Mar 23, 2018 -
Here’s how Mr. Cooper decreased homeowner concerns by 24%
Mar 23, 2018 -
CFPB giving servicers “more latitude” in dealing with borrowers in bankruptcy
Mar 08, 2018 -
BOK Financial Mortgage appoints Lee Wardlow director of loan servicing
Mar 06, 2018 -
Ocwen loses more than $100 million for 4th straight year
Feb 28, 2018