We don’t know who will lead the new administration, though for Ginnie’s sake, it’s likely that both Donald Trump and Hillary Clinton won’t mess with the agency or its charter. Right?
Critics accused Castro of politicking at the expense of private investors. In the past, Castro has been mentioned as a possible vice presidential candidate for Hillary Clinton.
Stonegate, like many publicly traded nonbank mortgage firms, has seen its share price suffer the past year because of declining interest rates that have forced large MSR writedowns...
The GOP convention starts in a few days and the party of Lincoln and Roosevelt (Teddy) has its daggers pointed toward Fannie Mae and Freddie Mac. Bully!
The J.G. Wentworth Company is in the process of being delisted from the New York Stock Exchange, sparking rumors that its mortgage subsidiary – a $1.5 billion-a-year originator – might find itself on the auction block. For now, the parent company is putting a good face on the delisting and said its mortgage division, J.G. Wentworth Home Lending, had a strong first quarter. A spokeswoman for the parent did not address a possible sale of the lender in an email exchange with Inside Mortgage Finance. In the first quarter of 2016, J.G. Wentworth lost...