Acting Director Uejio: "For example, women- and minority-owned small businesses faced more severe economic consequences than their White counterparts, and Black and Hispanic homeowners were less likely to receive mortgage relief and forbearance.”
Looking at Freddie mortgages active as of January, researchers found that nearly 50% of Black homeowners would have saved at least $1,200 a year if they had refinanced while almost 20% would have saved at least double that amount.
Some of Marlin Mortgage Capital’s management team, including CEO Andrew Weber, hail from MSR-hungry New Residential. And that’s a good thing because MMC has an appetite all its own for servicing rights.
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