Despite the president’s quick reversal of course on his proposal to cut payroll taxes, the housing industry remains worried g-fee may be tapped somehow.
The FHFA issued a new rule that potentially paves the way for new competitors to the classic FICO model. VantageScore is happy but will other vendors jump into the credit scoring pool?
Fitch: “As long as Fannie and Freddie remain in conservatorship and continue to be supported by the substantial funding under the PSPA, their ratings will continue to be linked to the U.S. sovereign rating."
Francois Grunenwald, Ocwen's new SVP and CAO, is a graduate of the University of Paris. His signing bonus (just for taking the job) is $100,000. He joins the nation’s 12th largest servicer from PricewaterhouseCoopers…
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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