According to industry consultant Joe Garrett, the typical residential mortgage company sale of the past few years has been an asset sale with a three-year earn-out.
Following President Trump’s inauguration in 2017, the Department of the Treasury played an active role in developing the FHLB plan to buy Freddie Mac...
Ocwen is losing a big subservicing contract with REIT New Residential but isn't worried about the development because the contract was unprofitable in the fourth quarter...