It’s LO ‘Recruiting Season’ and That Means What? December 12, 2018 Paul Muolo It stands to reason that with production declining mortgage firms might have the upper hand over their sales personnel, but it’s never that simple...Read More
In the Midst of the Holiday Season, Lenders Feel Glum About 1Q19 Originations December 12, 2018 Brandon Ivey Some good news: Fannie chief economist Doug Duncan said continued strength in borrower demographics and the labor market offer hope that conditions should stabilize in 2019 and may even improve.Read More
Short Takes: loanDepot Loses its Product Chief / Bill Dallas and Cloudvirga / Kudos on the Calabria Pick from HFSC Chairman Hensarling / A Candidate Himself Once? / A New Hire for Vendor Valuation Partners December 12, 2018 Paul Muolo Cloudvirga, at one time, was headed by industry veteran Bill Dallas...Read More
Retail Lost Share in Major Product Groups December 11, 2018 John Bancroft However, retail remains king of the jumbo sector…Read More
Neuberger Berman Sources Majority of Loans for Non-QM MBS from Sprout Mortgage December 11, 2018 Brandon Ivey Based in Henderson, NV, Sprout is a correspondent lender.Read More
One GSE Shareholder Speaks Up: Calabria Will be Constrained in His Mission to Dissolve Fannie and Freddie December 11, 2018 Paul Muolo James Fenkner says Calabria will be “constrained in his mission to dissolve Fannie and Freddie.” Read More
CFPB Imposes Zero Civil Money Penalty for Violations, Again December 11, 2018 Yemeng Yang The CFPB alleged that State Farm violated the Fair Credit Reporting Act.Read More
Short Takes: The Six Horsemen of the GSE Apocalypse / If You Have to Ask, You’re in Trouble / G-Fees Hold Steady / Plaza Home’s New Tag Line / NAMB Giving Away Software for Free December 11, 2018 Paul Muolo NAMB is giving away free software...Read More
Caught in the Market’s Down-Draft: Texas Capital, the Nation’s Second Largest Warehouse Provider December 10, 2018 Paul Muolo The warehouse lending sector has experienced a noticeable decline in profit margins…Read More
New MBA President Broeksmit Toes the Party Line on GSE Reform December 10, 2018 Paul Muolo The MBA chief also makes it blatantly clear that he is no fan of any “recap and release” proposals for the government-sponsored enterprises either...Read More
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