Earlier this week, Wells Fargo announced its decision to acquire mortgage servicing rights (MSRs) worth $51 billion from Seneca Mortgage Investments in a move that will reverse the trend of a steady decline in the bank’s third-party MSRs nearly each quarter since late 2012.
from Forbes Real Time https://www.forbes.com/sites/greatspeculations/2017/09/08/wells-fargos-mortgage-servicing-portfolio-to-grow-thanks-to-deal-with-seneca/
via IFTTT
No comments:
Post a Comment