Freedom Mortgage to sell off RoundPoint Mortgage Servicing

After offloading its mortgage servicing rights (MSR) portfolio to RoundPoint, Matrix expects to gain approximately $20 million through additional revenues and cost savings and have “greater control over the company’s MSR portfolio through self-servicing.” Matrix also plans to leverage RoundPoint’s existing platform and capabilities to pursue additional business opportunities. “Our acquisition of RoundPoint marks an … Read more

Freedom Mortgage sells RoundPoint to Two Harbors after 2 years

Freedom Mortgage has moved on from RoundPoint Mortgage Servicing Corp. barely two years after it closed on the acquisition. Matrix Financial Services, a subsidiary of real estate investment trust Two Harbors Investment, agreed to purchase RoundPoint at a $10.5 billion premium to the servicer’s tangible net book value. Matrix already agreed to use RoundPoint as … Read more

NEP ensures greater freedom for youth to decide for their future: PM Modi

Prime Minister Narendra Modi on Friday said that the new National Educational Policy ensures greater freedom for the youth to take decisions on the basis of changing situations. “You would have already built a future for yourself in your mind therefore today is a day for aspirations and at this time all … Read more

Freedom Finance hires Emma Steeley as chief executive

Digital broker Freedom Finance has hired Emma Steeley as chief executive. Steeley has spent over 16 years working in senior roles in the consumer finance and fintech sector and joins from Equifax, where she spent nearly four years as chief executive of AccountScore. She will take up her role with immediate effect. Former chief executive … Read more

PM Modi to unveil freedom fighter Alluri’s statue in Andhra’s Bhimavaram

Prime Minister Narendra Modi on Monday left for Andhra Pradesh’s Bhimavaram to attend the 125th birth anniversary celebrations of freedom fighter Alluri Sitarama Raju. Prime Minister will also unveil a 30-feet tall bronze statue of Alluri Sitarama Raju on the ocassion. “Leaving for Bhimavaram to attend a very … Read more

Domestic crude oil producers get marketing freedom, exports not allowed

In a move that may boost the Indian hydrocarbon industry and bring more investments into the sector, the Union Cabinet on Wednesday decided to give marketing freedom to domestic crude oil producers, allowing them to sell petroleum to any company in the local market. The move is set to … Read more

Top headlines: GST on casinos deferred; marketing freedom to oil producers

Govt approves deregulation of sale of domestically-produced crude oil The government on Wednesday decided to give marketing freedom to domestic crude oil producers, allowing them to sell oil to whosoever they want. Briefing reporters on the decisions taken at a meeting of the Union Cabinet, Information and Broadcasting … Read more

Ottawa police call in Canada Day reinforcements for ‘freedom’ protests By Reuters

© Reuters. FILE PHOTO: A man poses for a photo in front of the National War Memorial as truckers and supporters take part in a convoy to protest coronavirus disease (COVID-19) vaccine mandates for cross-border truck drivers in Ottawa, Ontario, Canada, January 29, 20 By Steve Scherer OTTAWA (Reuters) – Ottawa officials said on Monday … Read more

Ukraine’s EU candidacy will strengthen Europe as Russia threatens freedom – Zelenskiy

Breadcrumb Trail Links PMN Business Author of the article: Reuters Pavel Polityuk and Vitalii Hnidyi Article content KYIV — President Volodymyr Zelenskiy said Ukraine’s formal candidature to join the European Union was a big step towards strengthening Europe at a time when Russia was testing its freedom and unity. Friday marks four months since Russian … Read more

Quebecor has deal for Freedom Mobile, aimed at clearing Rogers/Shaw combo (NYSE:RCI)

JHVEPhoto/iStock Editorial via Getty Images Rogers Communications (NYSE:RCI), Shaw Communications (NYSE:SJR) and Quebecor (OTCPK:QBCRF) have announced a deal to sell Shaw’s Freedom Mobile to Quebecor – addressing what has been a key hurdle to the C$26B deal for Rogers to acquire Shaw. The companies have come to agreement to sell Freedom to Quebecor at a … Read more