Two months after buying AmeriHome Mortgage, WAB is carving up its massive servicing portfolio and selling chunks to the highest bidder. What’s going on? Profits, for one.
Demand has been booming for single-family rental properties over the past year. Amherst Residential saw an 85% year-over-year increase in applications for rental homes.
As the FHFA cracks down on investor-loan volume, opportunities are being created anew. Also, FHFA, apparently, is losing sleep over GSE CMBS. (That’s correct.)
Quicken, the nation’s fifth largest mortgage servicer, said consumers would benefit if processors are provided additional time and flexibility to evaluate borrowers facing hardships past the expiration of the eviction moratorium...