Wells Layoffs; Broker Product; Servicing Buyers and Sellers Wanted

Posted To: MND NewsWire

Scholars have long pondered if Myrtle Beach, South Carolina was named after my cat Myrtle, or vice versa – the answer is lost in the shrouds of time. Regardless, if you wonder what $3.4 million can take down in Myrtle Beach, the answer is “the most expensive house for sale .” Of course it’s on the ocean, and you can bet its occupants shudder every time a large iceberg calves in the Arctic. Potential buyers may be hesitant given this story in the Washington Post about how beachfront real estate is losing its luster due to erosion and rising sea levels. Not to mention volcanoes, earthquakes, hurricanes… Servicing Seller Wanted, and an Offering A unique pool of servicing rights is for sale. The pool is $140 million (approx. 2900 loans) of 100% fixed rate city and...(read more)

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from Mortgage News Daily https://ift.tt/2Nre4QQ