New Residential Investment Corp., one of the fastest growing mortgage real estate investment trusts in the U.S., has an overseas fan in Nan Shan Life Insurance Co. of Taipei City, Taiwan.
Some of the most influential trade groups in housing finance and related industries late this week went on record supporting libertarian economist Mark Calabria to be the next permanent director of the Federal Housing Finance Agency.
We continue to hear reports that Freddie Mac may have settled on a choice for a new CEO. Back in September, the GSE named David Brickman — just promoted to the role of president from executive vice president/head of multifamily — as a possible internal candidate to succeed retiring CEO Don Layton.
Fort Washington, PA-based Ditech Financial, the nation’s 15th largest servicer of home mortgages, is headed into bankruptcy for the second time in a little over a year. A sale is a possibility, too.