One of the largest players in the "new" nonprime mortgage industry is Citadel Loan Servicing, Irvine, CA, which now has a portfolio totaling $600 million.
Investors in Freddie (and Fannie Mae) common and preferred who bought their shares as a speculative investment are still wondering: Hey, when do we get some of that money?
We don’t know who will lead the new administration, though for Ginnie’s sake, it’s likely that both Donald Trump and Hillary Clinton won’t mess with the agency or its charter. Right?
Stonegate, like many publicly traded nonbank mortgage firms, has seen its share price suffer the past year because of declining interest rates that have forced large MSR writedowns...
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