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Lenders Report Minimal Issues as Employees Work from Home

November 6, 2020
Brandon Ivey
Working from home is going pretty well for lenders, with some reporting increased productivity and only one out of 33 surveyed noting a reduction in profits.
Read More

Signs of Life in Ginnie Mae MSR Sales? Maybe

November 6, 2020
Paul Muolo
The sale of Ginnie servicing rights have been anemic for two full quarters. But hope springs eternal the market might be reviving soon.
Read More

LO Compensation Continued to Climb in Third Quarter

November 6, 2020
Maria Volkova
The number of LOs hired and coached increased by 19% year-over-year, according to LBA Ware.
Read More

SFR Player Front Yard to be Taken Private

October 23, 2020
Brandon Ivey
Pretium Partners and a unit of Ares Management will acquire Front Yard Residential in a deal valued at $2.4 billion. The move follows recent complaints from shareholders regarding mismanagement.
Read More

Uniformity and Collaboration Key to RON’s Success

October 23, 2020
Yemeng Yang
The coronavirus pandemic has sped the adoption of remote online notarizations, but uniformity and collaboration are critical for sustainability.
Read More

A Day After Going Public, Guild Settlement Unveiled

October 23, 2020
Paul Muolo
The nonbank will pay almost $25 million, with some of it going to the whistleblower in the case.
Read More

IPOs from Nonbank Lenders Tout Profits, Growth Plans

October 9, 2020
Brandon Ivey
While AmeriHome, Caliber Home Loans and Guild Mortgage have noted strong profits and plans for growth, their business strategies differ widely.
Read More

TRID Too Costly? Try the Sandbox Program, Says CFPB

October 9, 2020
Yemeng Yang
The Independent Community Bankers of America said it plans to collaborate with the CFPB to test certain community bank-inspired improvements to the TRID rule through the trial disclosure “sandbox” program.
Read More

MSR Owner Fined for False Disclosures Regarding Impairments

October 9, 2020
Brandon Ivey
The holding company of Fulton Bank was hit with a $1.5 million fine by the SEC for misleading disclosures regarding MSR valuations in 2016 and 2017.
Read More

Grapevine: S-1 Secrets Revealed / Caliber’s $20 Million Man

October 9, 2020
Paul Muolo
So, you want to be a publicly traded company? Be prepared to made disclosures that normally might never see the light day. Both good and bad.
Read More
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