The Federal Housing Finance Agency wants clarity on what types of communication are ac-ceptable, under the Telephone Consumer Protection Act, from mortgage servicers to borrowers impact-ed by natural disasters.
For lenders that produce pools with inexplicably fast prepayment speeds, removal from the program is not out of the question, said Ginnie Mae's Michael Bright...
According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.