In the past few months Fannie Mae and Freddie Mac have been exploring the idea of letting servicers retain less than 25 basis points a year of a loan's balance - a minimum that the GSEs set in the mid ...
We’ll send you a myFT Daily Digest email rounding up the latest Entrepreneurship news every morning. Darius Gaynor entered the world of “drop servicing” just over a decade ago, when he was looking to ...
In this DropServe review, a deeper insight into the program is provided, allowing readers to fully grasp its features and potential benefits. For those unaware, DropServe is a soon-to-be-launched ...
The National Mortgage Settlement and provisions it outlined for mortgage servicers may have accounted for a steep 21.9% drop in foreclosure starts in October, according to Lender Processing Services’ ...
As banks and nonbank lenders recently released earnings for the first quarter of 2022, two things became clear: Origination volume plummeted across the board, but those that managed to muster up a ...
State Street has recorded a drop of 9.3 percent in revenue within asset servicing in its Q2 figures for this year, compared to the same period last year. The bank also revealed a three percent drop in ...
BNY Mellon reported $1,407 million of total revenue for asset servicing for Q1 2019, which compares to $1,519 million in Q1 last year, marking a 7 percent decrease. This also marks a 2 percent ...
Greater competition has seen the cost of servicing a car fall by nearly 10 per cent over the past year, a survey has found. By David Millward and Davidmillward 23 September 2013 • 6:00am Servicing ...
Starting 18 December, Arabian Automobiles (AAC), the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan and INFINITI in Dubai Starting 18 December, Arabian Automobiles (AAC ...
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