What's ahead for residential lenders and servicers in 2014? You might be surprised at some of our predictions. Hint: The servicing market looks good, at least.
The recent decline in large-lender share of the primary market is temporary, and principally a result of cyclical factors that caused larger lenders to pull back from the market, said Fannie Mae's Gerry Flood.
Freddie Mac reported new buyback demands on $3.3 billion of mortgages during the third quarter, a stunning 31 percent increase from the previous period.