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Borrower Outreach, Servicing Oversight Products; TPO News; Bank Merger Announced; Brokers and RESPA

“I accidentally rubbed ketchup in my eyes. Now I have Heinzsight.” In terms of foresight, looking ahead, there are some interesting things going on out there in Mortgage Land! How ‘bout the CapitalW Collective non-profit for women in mortgage capital markets? And Beeline's Miguel Vega has been in the press lately with, "The Dream of Owning a Piece of America is a Dominant Theme in the Latino Community” and the company launching a Spanish-language vers...
United States New Mexico Blue Valley Miguel Vega Clayton Samantha Shanaberger Ginnie Mae

Investors' dash to cash may have peaked

Investors' rush to the safety of cash, a dominant theme in capital flow data this year, may be peaking, Bank of America global research said on Friday. There was a net $10 billion dollars of outflows from cash in the two weeks to Wednesday, BofA said, referencing EPFR data, describing this as "a tentative top after $642 billion of inflows" since the U.S. Silicon Valley Bank failed in mid March. That collapse jolted markets, and the rush for cash in the first half of this year w...
City Of United Kingdom United States Amanda Cooper Kim Coghill Alun John
Source: yahoo.com

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