In 2015, Alterra Home Loans had a growth rate of 100 percent. The firm also has a small servicing portfolio but uses a subservicer to do the processing.
Recently, rumors were making the rounds in Washington that Fannie and Freddie might be pondering an increase in their net worth minimums for seller/servicers...
There’s a growing concern about price discounts on Ginnie servicing rights, and a strong belief that the agency is once again getting anxious about so many nonbanks being such large players in the market.