Thursday, September 22, 2016

Bucking Trend, SunTrust, Flagstar Stockpile Mortgage Servicing Rights

Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. SunTrust, Flagstar and First South Bancorp in North Carolina are taking the opposite view.

from American Banker http://www.americanbanker.com/news/consumer-finance/bucking-trend-suntrust-flagstar-stockpile-mortgage-servicing-rights-1091545-1.html

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