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IMFnews

April 25, 2018

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VA Servicing Continues to Grow at a Nice Clip

Don’t look now, but Ginnie Mae MBS outstanding is approaching the $2 trillion mark… Read More

PHH’s CEOs Took Home (Combined) $5.26 Million in Compensation Last Year

Crowl’s base pay for 2017 totaled $554,808 while Messina’s came to $485,962. Read More

Chimera Packaging Mortgages Aggregated by BofA into a Prime Jumbo MBS

Most of the loans are non-agency jumbos, but a handful are eligible for sale to Fannie Mae and Freddie Mac. Read More

VA-Based Nonbank Lender Reveals Data Breach

WEI is based in McLean, VA and owned by Arc Home, which in turn is controlled by funds under the management of Angelo, Gordon. Read More

Sen. Crapo Says GSE Reform Still Possible in This Congress (You Heard That Right)

The senator disagreed with comments made earlier in the day by HUD Deputy Secretary Pam Patenaude, who said there aren’t enough legislative days left... Read More

Short Takes: Another Milestone for Angel Oak / Going After Bayview? / Mortgage Layoffs at HomeStreet / Genworth Unveils Rate Card Reductions / A Promotion at PRMI

HomeStreet Bank, Seattle, revealed in its earnings statement this week that it chopped 86 full-time positions. Read More

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