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January 17, 2017

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Correspondent Share of GSE Business Edged Higher in 4Q16; Brokers Slumped

United Shore Financial Services was the top seller of broker loans by a wide margin, with $5.83 billion in fourth-quarter activity, more than twice its nearest competitor… Read More

Cordray Has a Target on His Back. But When Will Trump Pull the Trigger?

It’s no secret that Trump would like to fire Cordray, it’s just a matter of how and when… Read More

Moody’s Reaches $864 Million Settlement with DOJ and 21 States for Pre-Crisis Ratings

Moody’s settled the MBS/CDO case without admitting wrongdoing… Read More

Servicing Auctions Begin to Heat Up; New Packages from IMA, Phoenix

The lenders selling the MSRs are both nonbanks… Read More

Black Knight Developing Mortgage 'Specific' Credit Score

Wesley Winter, a senior modeler at Black Knight, said a traditional credit score may not be the best predictor of mortgage default. Read More

Short Takes: PE Firm Eyes Three Mortgage Acquisitions / One Lender That’s Definitely Looking… / LOS Vendor Hires New President / Another Court Victory for PHH

Some M&A advisors believe 2017 could be a banner year for mortgage company sales. Then again, that’s what they predicted early last year... Read More

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