Today, Inside Mortgage Finance publishes its exclusive 2Q20 ranking of the nation’s top 50 residential servicers. Among the top-10, the firm with the highest sequential gain? Quicken at 10.1%...
In its first cybersecurity-related enforcement action, the New York regulator charged First American Financial with inadvertently disclosing more than 850 million personal title insurance documents.
According to the S-1 initial public offering documents filed with the SEC, Rocket’s total share count (public and private) is roughly 1.9858 billion shares. At $22 a unit (the upper end of the range) that works out to a cool $43.69 billion. In short: Wow.
While most non-agency MBS servicers specialize in handling either prime mortgages or expanded-credit loans, Shellpoint services large volumes of both loan types.
JPMorgan Chase aggregated loans from various lenders while American Mortgage Investment Partners Management has a deal backed by mortgages originated by Visio Financial Services.