Home » Short Takes: A Strong Quarter for MGIC / A Slight Profit Dip for Warehouse Lender Texas Capital / A Decline in Prepays? (Believe It) / What the Federal Reserve Should Do… / Ocwen Director Calls it a Day
Short Takes: A Strong Quarter for MGIC / A Slight Profit Dip for Warehouse Lender Texas Capital / A Decline in Prepays? (Believe It) / What the Federal Reserve Should Do… / Ocwen Director Calls it a Day
According to new figures released by Black Knight, mortgage prepayments declined by 7.5% in June despite mortgage rates being under the 4.0% threshold. The data analytics firm said it was the first decline in prepays in five months. Go figure…