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August 11, 2014

Walter Posts $12.9 Million Loss for 2Q, Servicing Growth Anemic

By Paul Muolo

At June 30, Walter/Green Tree serviced $235.2 billion in mortgages, almost flat compared to March 31.

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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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