Commercial banks cranked up the value of their servicing portfolios in the third quarter, but not dramatically. Soon, we’ll find out how the nonbanks viewed the same asset.
Fannie CEO Frater: “If you think about what we do and how we actually help people, we’re actually more set up to be ESG companies than may other companies that you might think of as ESG companies.”
Originators of non-qualified mortgages are pondering sale offers from yield-hungry investors. Who’s in the driver’s seat? Right now, the originators are.