Posted To: Pipeline Press
Once again we can all listen to the yammering about the Federal Reserve's Open Market Committee meeting. But for those who would actually like to learn something about how the U.S. overnight money market works, and how the Federal Reserve's tools to implement monetary policy have evolved with the market, check out this video from the Chicago Federal Reserve. Yes, I know it is 18 minutes, but watch at least some of it if you really want to learn something. Many view servicing as an asset, others a slow drain on cash reserves, others as a quality control nightmare. Hank Davis with MetaSource sent, "Here is our latest whitepaper on Servicing QC Requirements that your readers might enjoy." Servicing continues to change hands although at a slightly slower pace than earlier this year. And the top...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.
from Mortgage News Daily http://ift.tt/1Q2UqJ9
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