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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Aug. 24: AE jobs; borrower analysis, 1st lien HELOC, Ginnie eNote products; webcasts approaching; NEXA/UMortgage deal

“People make their wealth out of one investment. People keep their wealth by diversifying their investments.” Owning mortgage servicing rights has created wealth for many companies, and STRATMOR’s current blog is, “Those Monthly Payments Go Somewhere.” I am glad that all my 401(k) isn’t in Agency shares: Fannie Mae’s stock is down 42 percent this…

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