Non-Conforming Mortgage Market Was Hammered in 4Q07, A Slow Start in ‘08
February 7, 2008
The non-conforming mortgage business, heavily dependent on a vanishing secondary market, posted a huge drop in new originations during the fourth quarter of 2007, according to a new analysis and ranking by Inside Mortgage Finance... [Includes five charts]
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.