loanDepot Scales Back a Repo Line, Announces New JV November 2, 2022 Paul Muolo The expiration date on the repo was extended to Oct. 26, 2023...Read More
First Republic: Rough Times Ahead for Lending Margins November 2, 2022 Brandon Ivey In a nutshell, the problem is margin compression, not credit...Read More
FHA Chief Seeks Stable Funding for IT Upgrades November 2, 2022 Monica Hogan Gordon said the prolonged confirmation process regarding her appointment interrupted the continuity of leadership at the agency.Read More
WARN Act Violations Cited in FGMC Bankruptcy Case November 1, 2022 Paul Muolo The information is based on an amended declaration made by CEO Aaron Samples...Read More
LO Headhunting Continues Unabated (Somewhat) November 1, 2022 Paul Muolo Hiring more loan officers, now? Mortgage bankers, at times, can be an optimistic lot....Read More
VA Proposes Revisions to Interest Rate Reduction Refi Loans November 1, 2022 Monica Hogan Comments are due Jan. 3 of next year...Read More
PRMG, Others in the Hunt to ‘Sign Up’ Finance of America Branches October 31, 2022 Paul Muolo Guaranteed Rate had hoped to takeover a large chunk of the FoA network but the deal fell apart...Read More
Redwood Limiting Acquisitions of Jumbo Mortgages October 28, 2022 Brandon Ivey Redwood's jumbo business operated at near a break-even level in the third quarter, though there wasn't much business to speak of.Read More
MSRs Aid PennyMac’s Performance, REIT Affiliate Posts a Profit October 28, 2022 Paul Muolo Thanks to its strong performance, PennyMac will pay a third quarter cash dividend of 20 cents a share...Read More
FHLB Trade Group Wants System Traditions Maintained October 28, 2022 Dennis Hollier When it comes to the future of the FHLBs, the Council is a traditionalist...Read More
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