Non-QM Pioneers Angel Oak and Acra See Strong Growth Ahead January 10, 2022 Paul Muolo Angel Oak just closed its ledger on 2021, winding up with originations of $3.9 billion.Read More
Better.com Gets a Chief Product Officer. The Goal: Growth Ahead January 7, 2022 Paul Muolo Better.com's new chief product officer spent seven years at Wayfair...Read More
As Nonbank Mortgage Stocks Swoon... January 7, 2022 Paul Muolo Two of the six — UWM and FoA — became public entities via a SPAC maneuver, something Better.com is presently attempting.Read More
Industry Nears Third Year of Disruption as Omicron Variant Surges January 7, 2022 Monica Hogan Citigroup, a top-30 player in mortgages, has become the first megabank to impose a strict Covid-19 vaccine mandate: Get a shot or you're fired.Read More
Agencies Set Annual Record In 2021 Despite a Slower 4Q January 6, 2022 John Bancroft Time to celebrate: Annual agency MBS issuance rose 10.1% from 2020 to a record $3.471 trillion in 2021.Read More
GAO Voices Concerns on Appraisal Exemptions January 6, 2022 Brandon Ivey When lenders opt for an evaluation rather than an appraisal, they often use AVMs...Read More
Short Takes: Higher LLPAs for IPLs? / Who Benefits? / Paying Off Expensive Debt / Cashing Out of The Tree / Bank LO Veteran Joins NB in Boston January 6, 2022 Monica Hogan It's a new year and that means LO recruiting season is under way...Read More
FHFA Hikes LLPAs On Second-Home and High-Balance Loans January 5, 2022 Dennis Hollier Industry consultant Mark Goldhaber: "At least it's a step in the right direction."Read More
Texas Depository Buys a $2.1 Billion Originator January 5, 2022 Paul Muolo TPP has several sister banks and is a subsidiary of Southwest Bancshares...Read More
ARM Production Increases, But Don't Get Too Excited... January 5, 2022 Brandon Ivey The top five ARM lenders through the first nine months of 2021: Bank of America, Chase, Wells Fargo, First Republic and Citigroup...Read More
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