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During a Tough Week, loanDepot Shores Up Its Credit Lines

February 4, 2022
Paul Muolo
During the firm’s earnings call, founder and CEO Anthony Hsieh assured analysts the nonbank has plenty of liquidity and will gain market share in the year ahead.
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Not a Good Month for Originations: January. Now What?

February 4, 2022
Paul Muolo
The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.
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Experts Call for Increased ADU Financing

February 4, 2022
Monica Hogan
Where does the mortgage industry fit in? “The biggest barrier left to scaling up ADUs is finance,” said Karen Chapple, a professor from the University of California at Berkeley.
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Nonbank Servicers Rack up Gains, Wells Fargo Falls Back to Earth

February 3, 2022
John Bancroft
Nonbank servicers in the top 50 posted a hefty 4.6% gain in owned servicing...
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As Margins Tighten, Santander Quits the U.S. Mortgage Market

February 3, 2022
Paul Muolo
For now, the bank will continue to service its residential loans and HELOCs...
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Angel Oak Broadens Sourcing for Expanded-Credit MBS

February 3, 2022
Brandon Ivey
One contributor to the deal: Impac Mortgage...
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Non-Agency Investment-Property Lenders Come On Strong

February 3, 2022
Brandon Ivey
Loan originators note that debt service coverage ratio loans are easier to underwrite than conforming mortgages...
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Consumer Complaints Reach Another Record in 2021

February 2, 2022
Sam Manas
Consumer complaints about debt collection saw a hefty 30.6% rise.
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loanDepot CEO Discloses Stock Purchases in Call With Analysts

February 2, 2022
Paul Muolo
loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...
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As ‘Fence Sitters’ React, A Nice Comeback for New Loan Applications

February 2, 2022
Paul Muolo
Application whiplash? But in a good way...
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Latest Imf News

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Featured Data

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Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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