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Inside Mortgage Trends
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Home-Equity Lending Still Can’t Gain Traction Despite Strong Residential Values

December 13, 2018
John Bancroft
The home-equity market peaked back in 2007 at $1.133 trillion in outstandings. It has been in an 11-year swoon since then.
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Mr. Cooper Lands New Vice Chair and CFO – for $4.3 Million a Year

December 13, 2018
Paul Muolo
Marshall has a long resume in financial services, including stays at Bank of America, The Blackstone Group and other shops…
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‘Small’ Mortgage M&A Deals are Getting Done, Larger Ones Remain Elusive

December 13, 2018
Paul Muolo
Mark Stafford, a principal in MS Capital Advisors, New York, said larger firms are content to stay the course…
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Housing Supply Falling Behind Demand, Putting Burden on Borrowers and Limiting Originations

December 13, 2018
An inadequate supply of homes is likely to remain a challenge for potential borrowers and lenders for many years to come, according to analysts at Freddie Mac.
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California Judge Tosses Class-Action Lawsuit Against Caliber Home Loans over Data Breach

December 13, 2018
A California court last month dismissed a borrower’s attempt to bring a class-action lawsuit against Caliber Home Loans over a security breach at the nonbank lender in early 2017.
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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...
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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.
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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...
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Subservicing Sector Continues to Grow at a Steady Clip as States Act as ‘Mini-CFPBs’

December 11, 2018
Paul Muolo
Gordon Albrecht of FCI said he’s not surprised the subservicing sector is doing well “because of all the states that keep adding regulations.”
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Retail Lost Share in Major Product Groups

December 11, 2018
John Bancroft
However, retail remains king of the jumbo sector…
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