Risk Factors Update Summary
- Investment portfolio in residential whole loans expected to increase from 84% to 85%.
- Excessive supply of securities combined with market volatility could impact operations significantly.
- Cybersecurity incidents and breaches could result in serious harm to reputation and financial losses.
- Interest rates increased significantly in 2022 and may remain high in 2023-2024.
- Regulatory measures enacted in response to the pandemic could affect mortgage servicing operations.
- Changes in federal mortgage servicing rules may impact compliance costs for participants in the industry.
- The company operates in a highly regulated industry with potential impacts from regulatory changes.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1055160&owner=exclude
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