Page 2 - Servicing Operations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Servicing operations. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Servicing Operations Today - Breaking & Trending Today

Cap. Mkts, Broker, HMDA Review, AI/ML Products; Recent Freddie and Fannie News

John Kenneth Galbraith said, “The only function of economic forecasting is to make astrology look respectable.” How about forecasts of how dramatic this downturn has been for residential lenders and related third parties? What is making the headlines these days are companies that are not reducing their workforce, since on the flipside nearly every lender, large and small, are having layoffs, as well as many vendors from small to large (like ICE’s cutbacks in its mortgage group which had an operating loss for the second quarter of $6 million). Behind the scenes? STRATMOR Partner Jim Cameron notes, “While the industry struggles with downsizing, correspondent investors are seeing a greater incidence of manufacturing defects as loans are delivered to them. The industry is originating ‘harder to do’ loans and lenders are cutting staff which is not a great combination.” (Today’s podcast is available here and this week’s is sponso ....

United States , Freddie Mac , Fannie Mae August , Phil Rasori , John Kenneth Galbraith , Seth Cohen , Jim Cameron , Bob Broeksmit , Fannie Mae , Ginnie Mae , Chicago Fed National Activity Index For , Mortgage Insurance Mi Company Name Type , Broker Services , Mortgage Insurance Corporation , Mortgage Bankers Association , Richey May , Chief Growth , Mortgage Women Magazine , Top Employers , Black Knight , Successfully Applying , Servicing Operations , First Look , Mortgage Wholesale , Independent Mortgage Broker , Veteran Heroes ,