Short Takes: loanDepot will Issue Non-Agency MBS / Okay, So It’s Not $6 Million / The Changing of the Guard / Tiptree Nears Sale of Jumbo Lender / Stock Repurchase Plans / MountainView Selling Whole Loans March 27, 2018 Paul Muolo and Brandon Ivey The two men steered Impac through the rocky waters of the financial crisis...Read More
Mortgage Jobs Outlook: A Bit Grainy March 27, 2018 Paul Muolo UWM’s Mat Ishbia credits the company’s strong ties to the broker community for its performance…Read More
New Top Dog at Impac Mortgage Will Earn at Least $2.25 Million This Year March 27, 2018 Paul Muolo As part of his employment package, Mangiaracina is entitled to a severance payment of at least $750,000…Read More
Retail Loses Jumbo Market Share, Volume Down Across All Channels March 27, 2018 Brandon Ivey Mortgage brokers are gaining market share in jumbo lending…Read More
loanDepot to Issue its Own Non-Agency MBS, Packaging Jumbos and GSE-Eligible Loans March 27, 2018 Brandon Ivey Nearly all of the loans are 30-year fixed-rate mortgages and have seasoned for an average of 2.1 months.Read More
Up for Grabs: A $1.9 Billion Fannie Mae MSR Portfolio March 26, 2018 Paul Muolo California receivables account for 22.5 percent of the collateral based on number of loans…Read More
CEO and Founder Anthony Hsieh Reports All is Well at loanDepot March 26, 2018 Paul Muolo loanDepot CEO and founder Anthony Hsieh: “I’m bragging so don’t read [this] if it irritates you.”Read More
DBRS Tops in Non-Agency MBS Ratings, Fitch Has Strong Showing as Well March 26, 2018 John Bancroft Fitch had a good year too, rating $17.51 billion of non-agency MBS…Read More
Impac’s New CEO: In Non-QMs We Trust March 26, 2018 Brandon Ivey With refi volume falling, Mangiaracina said non-QMs will be key...Read More
IO Volume Down for Many Lenders in 2017 March 26, 2018 Brandon Ivey First Republic Bank was the top-ranked IO lender in 2017, originating $7.40 billion of such product…Read More
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