After pulling back from correspondent lending during 2Q20 amid market volatility, New Residential sharply increased its loan purchases in the third quarter...
Commenting on the stubbornly high Ginnie measurement, MBA's Fratantoni noted it shows that recovery is not uniform “and that many are still struggling to gain their footing.”
In a recent S-1 statement filed with the SEC, McCarthy Capital Mortgage Investors was cited as holding 100% of Guild’s Class-B common. Once the IPO is completed, McCarthy will have sway over 94.8% of the combined voting power of the common.
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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