One GSE-related question that hasn’t been answered yet: If a recap and release plan becomes a reality, will Congress end the $600,000 pay cap on GSE CEO compensation?
From fiscal 2010-2016, FHA sold roughly 111,000 troubled loans to private investors, including nonprofits, through DASP. In addition, GAO found that FHA did not routinely assess outcomes…
The change is part of the agency’s continuing focus on risk management as its book of business continues its historic shift toward nonbank mortgage servicers that have come to dominate its $2.0 trillion-plus portfolio.
New Residential's stock buyback program is for common shares only and will expire at year-end 2020. In 2019, New Rez has sold additional shares of both common and preferred...
CEO Craig Knutson: “MFA’s reputation as a reliable buyer of residential whole loans and dependable capital partner has enabled us to source significant volume of whole loans, including transactions with limited competition.”