According to figures compiled by Inside Mortgage Finance, consumers owe roughly $11.168 trillion on their home mortgages, which (based on the MBA measurement) means $947.1 billion in residential debt is at risk.
And the good news? The company is once again originating (after suspending production in the spring) but only for Fannie Mae, Freddie Mac and FHA/VA products.
Two Harbors Investment Corp. said in a new SEC filing it has “removed” Thomas Siering as president and CEO effectively immediately. Few details were provided...