Friday, January 29, 2016

Change in Views on Credit; HSBC Cuts Off Chinese Nationals; WAC's Servicing Deal

Posted To: Pipeline Press

Since its Friday let's veer away from mortgages for a quick moment. With the recent rash of celebrity and music deaths, including the Jefferson Airplane's Paul Kantner yesterday, here is a site that lists the "Top 100" musical stars still alive. How old is Willie Nelson? Heck, those turning 80 this year include Bill Wyman, Englebert Humperdinck, Kris Kristofferson, and Charlie Daniels. But while we're on entertainment, it certainly seems that lenders' commercials will be evident during the upcoming Super Bowl. There are rumors of an ad by SoFi . And rumored to be one by Quicken Loans . Flagstar reported revenues that beat many expectations due to higher MSR (servicing) income, higher NII, a rep & warranty benefit, and lower expenses. But generally analysts are trimming future earnings for...(read more)
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from Mortgage News Daily http://ift.tt/1RR6oX5

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