Brokerage UMortgage is Busy Kicking Some M&A Tires December 19, 2022 Paul Muolo After the NXT deal is completed, UMortgage will have 239 loan originators in 47 states...Read More
Consumers Still Tend to Shy Away From Mortgage Shopping December 19, 2022 Namrata Bhatia Education levels led to some differences in consumer behaviors...Read More
Short Takes: Carpe Diem Time for Depositories and Mortgages? / Advantages / Scalable? / A Sudden Departure at Rithm / Fighting Homelessness December 19, 2022 Paul Muolo and Monica Hogan But will banks cash in on their supposed advantage?Read More
Hope Floats for the Non-QM Sector December 16, 2022 Namrata Bhatia The Deephaven executive believes the non-QM space will expand over the next three to five years...Read More
Another Bank Gives Up the Ghost of Wholesale Lending December 16, 2022 Paul Muolo Will the last federally insured depository in wholesale lending please turn off the lights when it leaves? After buying MUFG Union, U.S. Bank is pulling the plug on Union Bank’s loan broker business.Read More
Plaza Home Joins the Buydown Club December 15, 2022 Dennis Hollier Plaza is offering two options, both of them seller-paid...Read More
FHFA Finalizes Multifamily Housing Goals for 2023-2024 December 15, 2022 Dennis Hollier The new regulation focuses on percentages rather than absolute numbers.Read More
loanDepot’s CIO Keeps Selling Shares in the Company December 14, 2022 Paul Muolo loanDepot's management team predicted that originations could fall to between $4.0 billion and $7.0 billion in 4Q22...Read More
Worried About VA Churn, Ginnie Makes Some Recommendations December 13, 2022 Monica Hogan To combat such “churn,” the agency is now advocating changes, including the establishment of a formal Ginnie/VA working group...Read More
Short Takes: Under Pressure, Blend Chief Sells Shares / More to Come? / Making Money? / Inflation and the DJIA / Silvergate Keeps Sinking December 13, 2022 Paul Muolo Headed south: Silvergate's share price...Read More
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