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Home » Topics » IMFnews » Originations

Originations
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Surprise: loanDepot Chief Hsieh Steps Aside as CEO but Will Remain as Executive Chair

April 26, 2022
Paul Muolo
LoanDepot noted Martell “will drive daily operations and lead the company’s diversified multi-channel mortgage origination model"...
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Another Reduction-in-Force at Sprout Mortgage?

April 22, 2022
Paul Muolo
The brainchild of industry veteran Michael Strauss, Sprout is a top-10 ranked originator of non-QMs.
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Home Lenders Temporarily Drop Tax Transcript Requirement

April 22, 2022
Brandon Ivey
Among the lenders known to have suspended the underwriting requirement are PennyMac, AmeriHome and...
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As Nonbanks Falter, Warehouse Giant Texas Capital Works to Diversify

April 21, 2022
Brandon Ivey
Previously, Texas Capital executives estimated the bank's mortgage finance volume would decline at a rate in the “high teens” this year, but now they're projecting a “mid-30%” decline.
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The Compensation Package for a CEO Whose Company Lost $1.3B in 4Q: $19.1 Million

April 21, 2022
Paul Muolo
FoA lost $1.34 billion in the fourth quarter after booking a large goodwill impairment...
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M&A Talk Heats Up, CrossCountry a Buyer?

April 21, 2022
Paul Muolo
Dealmakers like Jeff Levine, Chuck Klein and David Schneider should have a busy year...
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Court Dismisses Selected Claims in Angel Oak LO Lawsuit

April 20, 2022
Brandon Ivey
Overall, Angel Oak made nine claims against the LOs and LendSure...
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Yet More Layoffs at Better.com, Nation’s 17th Largest Lender

April 19, 2022
Paul Muolo
The New York-based Better.com had hoped to become a public company at yearend 2021 via a SPAC maneuver...
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CHLA Pushes for Less Stringent GSE Eligibility Requirements

April 19, 2022
Dennis Hollier
Trade group says FHFA's reproposed rule would serve as a barrier to entry for smaller seller/servicers.
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loanDepot #1 Among Contributors of Loans to Prime Non-Agency MBS

April 18, 2022
Brandon Ivey
On the other hand, United Wholesale Mortgage, the top contributor to prime non-agency MBS in 2021, avoided the market entirely...
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Latest Imf News

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