Wednesday, February 1, 2017

Mortgage servicing boom

In the aftermath of the financial crisis, low interest rates and strict capital requirements combined to make servicing a losing proposition for many banks. The sharp glare of regulators didn’t help either, as banks and nonbanks navigated the already thankless waters of servicing with a new target on their backs. But all that changed abruptly in the fourth quarter of 2016 with the one-two punch of a Trump win and a rate hike by the Federal Reserve.

from Byrd Mix http://ift.tt/2jTSs0t via byrd memphis developer


from Tumblr http://ift.tt/2kQfVAK

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