Correspondents Gain Market Share in FHA/VA Sector April 6, 2022 Monica Hogan Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...Read More
Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
A Tough Year for ARM Production but That Could Change April 5, 2022 Brandon Ivey The top three ARM originators of 2021: Bank of America, Chase and Wells Fargo...Read More
GR Ponders Conduit to Take Advantage of LLPA Changes April 5, 2022 Paul Muolo For years, GR has been an active originator of mortgages on second homes and has developed strong ties to real estate agents in resort areas.Read More
Less Compensation in the Altisource C-Suite April 5, 2022 Paul Muolo Altisource, however, managed to turn a profit for the year by selling its artificial intelligence affiliate...Read More
USDA Loan Issuance Up in 2021, Down in Fourth Quarter April 5, 2022 Monica Hogan The top issuer of USDA rural housing loans in 2021: PennyMac Financial Services with $6.76 billion...Read More
Non-QM Wholesaler Rescinds Rate-Lock Changes April 4, 2022 Brandon Ivey and Paul Muolo The firm added, “We understand the change caused confusion and stress for you and your borrowers and for that we apologize.”Read More
Cut FHA Premiums Now! Okay, Maybe Wait… April 4, 2022 Monica Hogan Not everyone's onboard regarding the premium cut...Read More
Phoenix Selling Texas-Heavy Conventional and Government Product April 4, 2022 Paul Muolo Another day, another MSR auction...Read More
The Mortgage Job Loss Tally: Brokers Add Workers, Bankers Cut April 1, 2022 Paul Muolo A search of WARN Act filings in California revealed very few recent mortgage-related layoffs in the state.Read More
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