One interesting side note: The bank grew its third-party servicing portfolio to $509.3 billion, up from $463.9 billion at mid-year, a sequential gain of 9.8%.
John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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.
RSS