Coming Soon: A Wave of Mortgage Retirements in the C-Suite? April 13, 2022 Paul Muolo If a true retirement wave develops, the question becomes: Who’s going to replace all the retirees?Read More
Top Originators Grew Market Share in 2021 April 12, 2022 John Bancroft 2021 marked the first year since Inside Mortgage Finance began annual originations rankings back in 1989 that three nonbanks topped the ranking.Read More
Redwood Jumps Into the Bank-Statement Loan Pool April 12, 2022 Brandon Ivey With rates rising sharply and applications suffering mightily, lenders across the nation are reassessing their menus...Read More
With Mortgage M&A Expected to Boom, Industry Vets Launch Boutique April 12, 2022 Paul Muolo Messrs. Schneider and Stein are hanging out their M&A shingle in what could be a fruitful year...Read More
California Nonbank CRA Bill Scaled Back (For Now) April 12, 2022 MBA said the action to “remove the most detrimental aspects of the bill” was in response to an advocacy campaign...Read More
Rate-Lock Woes Hit Non-QM Lenders April 11, 2022 One problem: Non-QM lenders haven't been hedging their pipelines...Read More
GSE Originators Move to Loosen Credit Standards April 8, 2022 Namrata Bhatia In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...Read More
Fannie Offers Alternative to Title Insurance April 8, 2022 Dennis Hollier For some lenders, an opinion letter written by a qualified attorney may be cheaper and more efficient than title insurance.Read More
Lenders Urged to Keep an Eye on LO Usage of Social Media April 8, 2022 Monica Hogan Monitoring compliance is crucial for originators to avoid violating consumer protection rules...Read More
Sources: Non-QM Lender Sprout Trims Staff April 7, 2022 Paul Muolo At press time, Long Island-based company, started by Alt A veteran Michael Strauss, could not be reached for comment.Read More
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