The VA, FHA and even private MIs posted big gains in writing insurance for refinance loans in the fourth quarter while purchase-mortgage business saw a seasonal decline. (Includes four data tables.)
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Gain-on-sale is one of the most watched measurements of how a lender’s profitability is holding up. So far, GOS measurements at reporting companies have been a mixed bag.
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A new executive order gives White House control of independent agencies; the CFPB is calling on the public to snitch on staff violating stop work order.
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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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