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FHA Catalyst Default Monitoring System Delayed

December 6, 2021
Monica Hogan
The FHA wants Catalyst to serve as a single platform for lenders to interact with the administration in an effort to lower costs and reduce risk and fraud.
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Trouble Ahead? Agency MBS Nears Pandemic Low in November

December 3, 2021
John Bancroft
Combined MBS issuance from Fannie, Freddie and Ginnie declined 11.5% from October...
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Mortgage Bankers Get Pink Slips, Brokerage Employment Almost Flat

December 3, 2021
Paul Muolo
The loan brokerage sector fared a bit better with layoffs of just 200 workers...
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Some Publicly Traded Lenders Move to Cut Costs

December 3, 2021
Paul Muolo
Personnel costs are something to keep an eye on in the waning months of the largest refi boom ever...
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GR’s $2 Billion-a-Year Loan Officer. How He Did It…

December 3, 2021
Sam Manas
One consultant estimated that Banosian must have a team of at least 200 people around him...
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On the Rise and Gaining Ground: Purchase Lending

December 2, 2021
The top three purchase lenders through the first nine months of 2021: PennyMac, Wells Fargo and UWM...
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More Trouble for Public-Bound Better.com: A Large Layoff

December 2, 2021
Paul Muolo
Better has an “implied equity value” of $6.9 billion. By comparison, PennyMac, the nation’s second largest originator, has a market capitalization rate of $4.01 billion.
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United Wholesale Rolls Out Non-QM Product

December 2, 2021
Brandon Ivey
While IOs are non-QMs, UWM isn’t necessarily going down the credit scale...
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Fannie Goes Inhouse and Names a New CFO

December 2, 2021
Dennis Hollier
Controller Chryssa Halley to run financial team at the mortgage giant.
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Mr. Cooper Feeling a Bit More Bullish About 4Q21. EBOs Help…

December 1, 2021
Paul Muolo
Mr. Cooper also revealed the sale of its reverse unit should close by Dec. 31...
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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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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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