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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Flagstar Teams Up with Startups for Mortgage Tech

September 25, 2020
Flagstar is offering mentorship and other forms of support to startup companies toiling in the mortgage technology space. Three tech companies completed a similar program with the bank last year.
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Pandemic Boosts Digital Appraisals but Risks Remain

September 25, 2020
Yemeng Yang
Even though Fannie Mae and Freddie Mac have loosened standards for property appraisals, lenders are choosing the option of using appraisal waiver programs.
Read More
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