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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.
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Home-Flipping Profits Increase in Second Quarter

September 25, 2020
Maria Volkova
Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)
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Grapevine: All Aboard the IPO Plane / Made in Michigan

September 25, 2020
Paul Muolo and Brandon Ivey

Are some of the nation's largest nonbank home lenders pining to go public as originations toy with record volumes? Rumors abound.


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RE/MAX and Motto Mortgage Acquire Loan Processing Firm

September 11, 2020
Brandon Ivey
RE/MAX Holdings and Motto Mortgage acquired wemlo, a provider of third-party mortgage loan processing services.
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