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Mortgage Bankers Add Jobs, Brokers Trim Slightly

September 10, 2018
Paul Muolo
Jerry Selitto, president of Better Mortgage: “We continue to hire and we just opened our second California office in Irvine…”
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Short Takes: Time for Executives to Consider Their Options? / Tight Profit Margins Can Lead to ‘Internal Strife’ / AO Seeks Account Executives / Analyzing the Prospects for Filling the Fannie CEO Job / Milken Institute Hires SEC Commissioner

September 10, 2018
Paul Muolo
"As a result, at this time I’m receiving a larger volume of calls from execs seeking to explore outside opportunities.” - Rick Glass
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Stearns Launches ‘Partnership’ Program, Hopes to Buy Stakes in Many Lenders

September 10, 2018
Paul Muolo
Schneider told IMFnews the Blackstone-owned lender/servicer is presently working on other deals...
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Non-Agency MBS Issuers Aim for Specificity on Rep-and-Warrant Framework

September 7, 2018
Brandon Ivey
Alston & Bird: “We’ve all learned the hard way…”
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10 Years After GSE Takeover, Mortgage Execs Weigh In: Leave Fannie and Freddie Alone

September 7, 2018
Paul Muolo
Industry consultant Tim Rood said the first rule for GSE reform should be: “Do no harm.”
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Redwood Touts Mutual Benefits of Financing

September 7, 2018
Redwood Trust is looking to acquire more jumbo mortgages and many of the nonbanks the firm works with could use some financing, making Redwood’s new funding initiative a good match. During the second quarter of 2018, Redwood deployed $40.0 million in customized financing for nonbanks that deliver jumbos to the real estate investment trust. The initiative is part of a diversification effort. Dashiell Robinson, president of Redwood, noted that the REIT isn’t acting as a ...
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What We’re Hearing: Ex-Goldman Partners See Gold in the Subprime Hills / Under the Radar / Strong Non-QM Volumes from Angel Oak and Citadel / The Conventional Loan of the Future: Five Percent Down at Least / DeMarco Weighs In / Signs of Overheating: Home

September 7, 2018
Paul Muolo
Former Federal Housing Finance Agency Acting Director Ed DeMarco told us the bill is a good starting point and includes language that both Democrats and Republicans can agree on...
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Strong Performance for Nonprime Mortgages. 60-Day Delinquencies of Less Than 4 Percent

September 7, 2018
Brandon Ivey
Fitch views prepayments as a positive credit factor…
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First-Time Buyers Continue Gaining Share in Red-Hot Purchase Market; PMIs Step Up…

September 6, 2018
John Bancroft
The nation’s PMIs have made a significant dent in the first-timer market, insuring a greater volume of mortgages guaranteed by Fannie and Freddie…
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Fannie Mae Hires Ex-FGMC CEO Andy Peters as ‘Strategy Advisor’

September 6, 2018
Paul Muolo
Peters departed First Guaranty Mortgage Corp. earlier this year...
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Latest Imf News

  • Subservicing Volume Down at Rocket, Cenlar in 2Q

  • Freddie Mac’s Mortgage Investment Portfolio Declines in August

  • MBS Investors Adjusting to New Score Disclosures From GSEs

  • loanDepot Selling Scratch-and-Dent Loans in Non-Agency MBS

More Imf News

Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

  • Banks Resume Adding to Mortgage Holdings in Second Quarter

  • Banks Continue to Add to Their ABS Portfolios

  • Jumbo Share of Originations Highest Since 2022

More Featured Data

Featured Reports

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Agency Seller-Issuer Profile: 2Q26 (PDF)

  • Mortgage Profitability Report 2Q26 (PDF)

  • IMF HMDA Dashboard: 2025

More Latest Reports

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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