The bank’s residential whole loan portfolio (based on average balances) totaled $275.85 billion at quarter’s end compared to $266.02 billion a year ago.
We don’t know who will lead the new administration, though for Ginnie’s sake, it’s likely that both Donald Trump and Hillary Clinton won’t mess with the agency or its charter. Right?
Stonegate, like many publicly traded nonbank mortgage firms, has seen its share price suffer the past year because of declining interest rates that have forced large MSR writedowns...