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Volume 22 - Number 4

February 16, 2018

High (Interest Rate) Anxiety Starts to Seep In

Residential lenders and servicers alike are keeping a close eye on rising interest rates these days but for decidedly different reasons: Originators are feeling the pain of lower application volumes, while servicers are trying to figure out when they should cash in. For the shops that both lend and service, theyíre hoping that the boom in mortgage servicing rights valuations will offset reduced income from loan closings. ďI would say the mood is for caution,Ē said executive recruiter Rick Glass ...

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.
I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.
Not bad, but he needs to take his time making additional changes.
We’re totally aghast. He’s gone way too far in protecting the rights of companies not consumers!

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