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Posted To: Pipeline Press
In honor of World Population Day today, the Census Bureau tells us that the world’s population will hit 7.58 billion this month. But why think that? Or anything “specialists,” such as actuaries or scientists, tell you? There is a lot of real news on the market, and also a lot of rumors, and the Stearns Chapter 11 has wholesale tongues wagging. Quicken tested the MSR market using a $10 billion servicing sale this year? Consult your rep, could be just a rumor. United Wholesale selling servicing to NewRez on a regular basis? Consult your AE for the spade — could be another rumor. (Both amounts are modest in comparison with the $11 trillion of residential servicing) And PenFed Credit Union notifying 100+ mortgage workers in the Alexandria Virginia office that they need to proceed to San…(read more)

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