When asked Tuesday during Zillow’s earnings call whether mortgage lending is profitable for the company, company officials declined to directly answer the question.
The addition of Mr. Cooper Group’s portfolio in October more than doubled Rocket’s outstanding GSE servicing as the end of December, to $952.02 billion.
"What we’re looking for is greater insight into what actions they may take," said Peter Federico, president, CEO and chief investment officer of AGNC Investment.
“Agency MBS was the best performing domestic fixed-income asset class in the fourth quarter,” said Peter Federico, president, CEO and chief investment officer of AGNC.