Ditech is once again operating under Chapter 11 bankruptcy protection. But its problems, like a top subservicing client wanting out, are accelerating. Can the firm's advisors sell the shop before it's too late?
The wholesale-broker channel appears to be gaining ground in the tightly competitive primary market in agency conforming mortgages. A new Inside Mortgage Trends analysis reveals that broker originations accounted for 12.5% of single-family loans pooled in agency mortgage-backed securities during the first quarter of 2019. That represented a substantial leap of 1.3 percentage points from the broker share of Fannie Mae, Freddie Mac and Ginnie Mae ... [Includes two data charts.]