Clarification Sought on Guideline Application to 2/28 Hybrid ARMs
December 18, 2006
Originators of 2/28 adjustable-rate mortgages can expect some clarification from federal regulators soon on whether federal interagency guidelines on nontraditional mortgage lending apply to such products, thanks to concerned Senate lawmakers. Ranking members of...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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