In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...
Mark Garland, executive vice president of MountainView Financial Solutions, is a firm believer that interest rates will stop declining at some point and the MSR sales machine will pick up a head of steam.
FHFA Director Mark Calabria: "For instance, we are actively reviewing all recent expansions into new markets and activities to put an end to the era of charter creep."
A number of lenders and issuers have seen better execution for GSE-eligible investment-properties in non-agency MBS instead of delivering the product directly to Fannie and Freddie...