Yet more bulk servicing deals are percolating. The latest offering is a $3.87 billion Ginnie Mae package from Mortgage Industry Advisory Corp., New York...
The FHFA wants to place a volume cap on mortgages sold through the Fannie/Freddie cash window. An effort to boost lender securitizations or something else?
As LBA Ware CEO Lori Brewer put it, “They were rewarded for their long hours with robust compensation checks.” However, with rates predicted to fall in 2021, loan teams will probably have to focus more on purchase loans, Brewer said.