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Tag Archives: Conventional

Mr. Cooper Group to Acquire Home Point Capital

In a deal for $324 million in cash, the acquisition of Home Point’s $84 billion servicing portfolio is expected to contribute to Mr. Cooper’s return on equity, with estimated 10% accretion to operating earnings within the first year.

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Credit Scores and Loan Prepayment Speed

credit scoring

Are prepayment speeds related to credit scores? A recent webinar on residential mortgage servicing rights gave some new insights about the prepayment of loan products and FICO scores by comparing conventional and government mortgages.

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