Short Takes: Being Blunt About the Market / Wells and Ginnie? / Not a Morale Booster: Layoffs / In a Buying Mood / Vendor Gets a New GC August 30, 2022 Better.com worries about employee morale...Read More
Time Running out for Impac, Nonbank Receives Warning Letter from the NYSE August 29, 2022 Paul Muolo Impac is headed by former investment banker George Mangiaracina...Read More
Home Partners of America to Pause SFH Purchases in 38 Markets August 26, 2022 Monica Hogan Among the markets it will pause in the first round: Boise, Detroit, Fresno, Milwaukee, Omaha and Virginia Beach...Read More
Barclays Stocks (Somewhat) Seasoned Non-QMs in New MBS August 26, 2022 Brandon Ivey Loans in the deal have seasoned for an average of nine months...Read More
A 2Q Market Share Gain for Correspondent Lending August 25, 2022 John Bancroft A handful of lenders grew their wholesale production, including Flagstar...Read More
While loanDepot Executives Sell Shares, Founder Hsieh Buys August 25, 2022 Paul Muolo Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...Read More
A Price War? Nation’s Third-Largest Wholesaler Cuts (Certain) Rates by 75 BPs August 24, 2022 Paul Muolo Despite the price cut by Home Point, a spokesman said, “This isn’t a play at creating more of a price war in the industry.”Read More
Housing Affordability an Issue, FHFA Establishes a New Advisory Panel August 24, 2022 Dennis Hollier Members of the new panel will be chosen by the FHFA director...Read More
Beating the Odds on Non-Agency Profitability: Velocity August 24, 2022 Brandon Ivey The publicly traded nonbank posted net income of $10.8 million in 2Q22...Read More
FHA/VA Originations Smacked Around in 2Q22 August 23, 2022 Monica Hogan VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...Read More
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