How UWM’s Ishbia Parlayed His Stake Into the Suns January 5, 2023 Paul Muolo UWM chief Mat Ishbia is about to become the owner of an NBA team. Does he have enough money to make the grade? It certainly looks that way.Read More
Lenders Strategize to Get Through a Tough First Half January 5, 2023 Paul Muolo Industry veteran Paul Rozo said his company, PRMG, is playing "the long game"...Read More
Some Mortgage CEO/Owners May Forgo Pay This Year January 3, 2023 Paul Muolo The general belief is that the ugliness brought on by sharply increasing interest rates still has a ways to go.Read More
A Sea Change: FHA Clears the Way for Dual Roles on the Same Loan. RESPA? December 22, 2022 Monica Hogan However, lender employees with a direct impact on a mortgage approval decision may not have multiple roles on FHA deals...Read More
Some CEO-Owners May Be Foregoing Pay in 2023 December 22, 2022 Paul Muolo Hard times have hit the lending side of the residential finance industry. And that may affect the wallets of some executive-owners.Read More
CFPB Slams Wells for Being a ‘Repeat’ Abuser of its Customers, Orders $3.7 Billion in Redress December 20, 2022 Sam Manas Wells is the nation's largest servicer of residential mortgages...Read More
Consumers Still Tend to Shy Away From Mortgage Shopping December 19, 2022 Namrata Bhatia Education levels led to some differences in consumer behaviors...Read More
Hope Floats for the Non-QM Sector December 16, 2022 Namrata Bhatia The Deephaven executive believes the non-QM space will expand over the next three to five years...Read More
Plaza Home Joins the Buydown Club December 15, 2022 Dennis Hollier Plaza is offering two options, both of them seller-paid...Read More
Use of Temporary Rate Buydowns Expands December 15, 2022 Dennis Hollier Sellers and homebuilders are increasingly reaching for an old mortgage tool to make their homes more attractive to potential buyers.Read More