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July 7, 2014

Walter Sells Excess Servicing Strip for $75 Million

By Paul Muolo

York Capital is backing Walter Capital Opportunity Corp., the buyer of the excess MSRs.

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Poll

With rates higher this year, there has been talk of lenders liberalizing their underwriting standards in an effort to increase volume and make up for lower refis.

Do you think your shop will loosen standards over the coming three months?

Yes, but not by much.
Yes, by a lot.
Yes and, heck, we may even do non-QM lending.
No, not at all.
No and we may even tighten credit.

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