In the past few months Fannie Mae and Freddie Mac have been exploring the idea of letting servicers retain less than 25 basis points a year of a loan's balance - a minimum that the GSEs set in the mid ...
John A. Vella named president, COO of AamesMortgagePress.comAames Investment Corporation,Vella Aames Investment Corporation has hired John A. Vella as president and chief operating officer. In his new ...
State Street has recorded a drop of 9.3 percent in revenue within asset servicing in its Q2 figures for this year, compared to the same period last year. The bank also revealed a three percent drop in ...
The nation's eight largest mortgage lenders are reporting a dramatic drop in problem loans from a year ago due to a strengthening economy and the transfer of bad loans to other servicers. The good ...
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