Industry Tells White House Time is Right for an FHA MIP Cut September 14, 2022 Monica Hogan The plea came in the form of a letter to Brian Deese, director of President Biden’s National Economic Council.Read More
Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More
Wells' Game Plan in Home Mortgages: Consumer and Wealth Clients Mostly September 13, 2022 Brandon Ivey Servicing? Wells doesn't see much of a priority there as well...Read More
PIMCO Back Bidding on Non-QMs. Did It Ever Leave? September 13, 2022 PIMCO is hunting for collateral with note rates north of 8.0%...Read More
NCRC Questions the Usefulness of HMDA Information September 13, 2022 Sam Manas Some 23% of loans collected in the 2021 HMDA dataset lacked demographic information...Read More
Rating Agency Strikes Deal for Analytics Provider September 13, 2022 Paul Muolo dv01 will operate as separate, independent company…Read More
Executive Pay Hit Hard in 2021; loanDepot's Hsieh the Top Earner September 12, 2022 Paul Muolo After Hsieh, Patti Cook, CEO of Finance of America, was the highest paid executive among the nation's publicly traded nonbanks.Read More
Changing of the Guards: Freddie's Issuance Rises in August, Fannie's Declines September 12, 2022 It's not often that Freddie bests its crosstown rival...Read More
Ocwen Says Company Not in Compliance with GNMA RBC, May Exit the Space September 12, 2022 Paul Muolo Ocwen is contemplating its options, including leaving the Ginnie Mae arena...Read More
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