Better.com Gets a Chief Product Officer. The Goal: Growth Ahead January 7, 2022 Paul Muolo Better.com's new chief product officer spent seven years at Wayfair...Read More
As Nonbank Mortgage Stocks Swoon... January 7, 2022 Paul Muolo Two of the six — UWM and FoA — became public entities via a SPAC maneuver, something Better.com is presently attempting.Read More
Industry Nears Third Year of Disruption as Omicron Variant Surges January 7, 2022 Monica Hogan Citigroup, a top-30 player in mortgages, has become the first megabank to impose a strict Covid-19 vaccine mandate: Get a shot or you're fired.Read More
FHFA Rejects GSEs' Duty-to-Serve Plans January 7, 2022 Dennis Hollier Housing advocates, spearheaded by the Lincoln Institute of Land Policy, believe the GSEs’ plans actually reduce loan targets for all three areas targeted by DTS.Read More
Agencies Set Annual Record In 2021 Despite a Slower 4Q January 6, 2022 John Bancroft Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.Read More
GAO Voices Concerns on Appraisal Exemptions January 6, 2022 Brandon Ivey When lenders opt for an evaluation rather than an appraisal, they often use AVMs...Read More
$10 Billion Worth of MSRs Hit the Market January 6, 2022 Paul Muolo In a red hot servicing market, bidding could be fierce...Read More
Short Takes: Higher LLPAs for IPLs? / Who Benefits? / Paying Off Expensive Debt / Cashing Out of The Tree / Bank LO Veteran Joins NB in Boston January 6, 2022 Monica Hogan It's a new year and that means LO recruiting season is under way...Read More
FHFA Hikes LLPAs On Second-Home and High-Balance Loans January 5, 2022 Dennis Hollier Industry consultant Mark Goldhaber: "At least it's a step in the right direction."Read More
Texas Depository Buys a $2.1 Billion Originator January 5, 2022 Paul Muolo TPP has several sister banks and is a subsidiary of Southwest Bancshares...Read More