Short Takes: Bexil Gets Castle, PennyMac Gets More Lines, One More QM Thought
January 30, 2013
Bexil American Mortgage, a company headed by industry veteran John Robbins, finally revealed the name of the mortgage banking firm it agreed to buy a few weeks back: Castle Mortgage of Vestavia Hills, AL.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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