While racial disparities in homeownership are at their highest level in 50 years, closing the Black-white homeownership gap in the U.S. will take adding nearly five million African American homeowners, according to the U.S. Department of Housing and Urban Development.
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Pandemic’s Impact on JPMorgan, Wells Fargo
While one posted record revenues, the other’s CEO said he was “extremely disappointed” in the Q2 2020 results, which saw its mortgage income fall drastically.
Read More »What’s Driving the MSR and RMBS Markets?
A new report analyzing the mortgage servicing profiles of some of the biggest banks and nonbanks revealed why the market for MSRs and reverse mortgages remains healthy.
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