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The MBA’s servicing conference is taking place, and it is an important subject, along with the impact of the 30bp cut in MIP for FHA borrowers. Owning servicing rights certainly helped the bottom lines for many lenders last year, some would say it “saved their bacon.” There are always those warning us of impending doom and gloom scenarios regarding the trillions of mortgages outstanding. But really, come on. We may see an uptick in delinquencies and foreclosures, possibly because the numbers are so low now there’s nowhere to go but up. Borrowers have outstanding cre...
Purdue Northwest has been recognized as a "Fulbright Top Producing Institution" by the U.S. Department of State’s Bureau of Educational and Cultural Affairs.
The University of Arizona has set a new university record for the number of faculty and researchers named Fulbright Scholars.
The company said it saw rapid declines in consumer-facing markets and a significant slowdown in China.