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November 2, 2017

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Minor Retreat for Top Tier Mortgage Servicers in 3Q17, Nonbanks Continue March Forward

The only top-five servicer to report an increase in volume was Nationstar Mortgage... Read More

Fannie Mae Reports Strong Earnings for 3Q17; Hurricanes Hurt but RBS Settlement Helped

Through the first nine months of the year, Fannie has posted impressive net earnings of $9.02 billion. Read More

Ocwen Takes $6.1 Million Loss in Third Quarter but Results Could Have Been Worse

The loss would have been worse if not for a one-time tax benefit of $23.2 million… Read More

Nationstar Reports a $7 Million Profit for 3Q17. Smaller MSR Markdowns

Nationstar originated $4.25 billion of new home mortgages in 3Q17… Read More

Between Multiple Hurricanes and Wild Fires, a Market Develops for a New Breed of ‘Scratch & Dent’ Loans

According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines. Read More

Short Takes: GSE Reform? What’s the Rush? / Calabria, an FHFA Director Candidate? / Capping the Mortgage Interest Deduction at $500,000 / TCF to Buy Nonbank Mortgage Firm

Mark Calabria is not exactly a fan of the GSEs... Read More

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