Webster was previously chief risk officer for Citigroup’s U.S. Retail Bank and Mortgage business and led its Global Regulatory Analytics. Prior to that, he was managing director for Risk Management and Data Science in Toyota Financial Services’ U.S. and Americas Region business.Many prospective refinancers carry mortgage rates above 5%, suggesting demand could accelerate if borrowing costs decline
One-third of homeowners say they are either currently refinancing or likely to refinance within the next two years, despite mortgage rates remaining well above pandemic-era lows, according to new survey data released by Refi.com.The findings challenge a common industry narra...
MSR-focused REIT says it will continue regular dividends through closing as the proposed sale advances following UWM's decision not to submit a revised bid
Two Harbors Investment Corp. used its latest dividend announcement to reaffirm expectations that its pending sale to CrossCountry Mortgage remains on track for an August closing.The mortgage servicing rights (MSR)-focused real estate investment trust said it plans to continu...
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