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November 13, 2014

Maybe Nationstar Will Buy the $39 Billion (and Shrinking) MSR Package From Wells Fargo

By Paul Muolo

According to one advisor who saw the original bid package, the delinquency rate on the non-agency MSRs are north of 20 percent.

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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.

vote to see results