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RSS Feeds | Walter Investment Management Corp. Announces Definitive Agreement to Purchase Marix Servicing LLC (PR Newswire)
August 25, 2010 20:15:00Walter Investment Management Corp. today announced it has entered into a definitive agreement with Marathon Asset Management, L.P. to purchase Marix Servicing LLC , a high-touch specialty mortgage servicer. Â Marix, based in Phoenix, Arizona, is focused on default management, borrower outreach, loss mitigation, liquidation strategies, component servicing and specialty servicing. Â Marix is an S&P Select Servicer and brings relationships with each of the GSEs, as well as a management team which averages over 22 years of industry experience. Â The combined platform will be one of the nation's top 10 servicers of sub-prime mortgages. - [Read more] |
| Annaly Capital Management Releases "Letter from a Washington Conference Room," a commentary by Michael Farrell on the Washington Housing Conference (Business Wire)
August 23, 2010 20:29:00NEW YORK----Annaly Capital Management, Inc. released a white paper, “Letter From a Washington Conference Room,†in which Michael A.J. Farrell, Annaly’s Chairman, CEO and President, relates his observations from the August 17, 2010, housing finance conference hosted by Treasury Secretary Geithner and HUD Secretary Donovan. - [Read more] |
| The Fannie and Freddie effect is here long term (at Financial Times)
August 20, 2010 17:05:25The unexpected questions are always the hardest. This week, as I was looking forward to cocktails after a busy day at a conference that fancies itself as the "Davos of Italy", an Italian financier pulled me to one side and asked in hushed tones: "What will happen to Fannie Mae FNM and Freddie Mac?" - [Read more] |
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