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» Grapevine: When MSR Hedging Goes Wrong; Title Insurance Costs
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Grapevine: When MSR Hedging Goes Wrong; Title Insurance Costs
May 3, 2024
Brandon Ivey
PennyMac booked a weak increase in servicing income due to a large loss tied to hedges for MSRs; First American’s CEO doesn’t expect the CFPB’s effort on lender’s title insurance to change much.
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