Mortgage servicing rights may not seem like a particularly tempting investment. But in these turbulent times they’re attracting new interest from the private equity world.
Institutional investors have forced down the price of mortgage company debt, making it harder for new deals to come to market. But is it the end of the world?
As the refinance business slows, employers should be careful not to use the downturn as an excuse to cut back on compensation, hiring experts warn. Despite lower originations, LO recruiting remains a key focus.
While rising interest rates will dry up the pool of borrowers eligible for refinancing, there are still consumers who can lower their costs. Freddie Mac expects cash-outs to take up a larger share of refis in the short term.
The Department of Housing and Urban Development announced $51.4 million in grants to 177 housing counseling agencies and the addition of four members to its Housing Counseling Federal Advisory Committee.
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