Fannie Mae’s ESG Team Reportedly Disbanded, According to Sources
Multiple sources indicate that recent terminations occurred following strategic shifts aimed at reducing diversity, equity, and inclusion initiatives in the industry.
Multiple sources indicate that recent terminations occurred following strategic shifts aimed at reducing diversity, equity, and inclusion initiatives in the industry.
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Mr. Cooper reported $88 million in Q1 net income, significantly impacted by an $82 million loss in mortgage servicing rights, down from $204 million last quarter.
Pennymac's Q1 earnings reflect lower revenue, yet it maintains a substantial servicing portfolio, positioning itself as a key player in the mortgage industry.