Former MBA Officer McCord Headed to Prison May 20, 2021 Dennis Hollier At one point, McCord had a deal to sell his mortgage company but the transaction fell apart...Read More
The Mortgage Hiring Machine Keeps Rattling Along... May 19, 2021 Paul Muolo When might the tide turn for mortgage hiring, putting CEOs in the driver’s seat once again? That’s hard to say. Many shops are still looking to add workers...Read More
Mixed Trends Among Top Correspondent Loan Sellers May 19, 2021 Brandon Ivey Overall, the top seller was American Financial Network, with $11.94 billion...Read More
Fannie/Freddie Single-Family Business Sets Monthly Record in April May 18, 2021 John Bancroft On the rise: cash-window purchases... Read More
The Reach of GSE Low-Income Refi Programs Underestimated May 17, 2021 Dennis Hollier The terms of Fannie’s new RefiNow program are broadly similar to those of Freddie Mac’s new Refi Possible. Read More
Short Takes: Whalen Weighs In on UWM / Lightning That Won’t Strike in the Same Place / Guild’s Track Record with LOs / The Key: Low Financial Leverage May 14, 2021 Paul Muolo Did anyone really think the gain-on-sale margins of 3Q20 and 4Q20 would last forever?Read More
Mortgage Complaints Filed with the CFPB Up in Every Category May 14, 2021 Lisa Burden Presumably, the pandemic has fueled the increase in gripes...Read More
GOS Margins Slip Across the Board. And Then There’s Guild May 14, 2021 Paul Muolo Sometimes, big isn't always better...Read More
A 1Q21 Profit for Finance of America, but Lower Margins... May 14, 2021 Brandon Ivey While the bulk of FoA’s income comes from forward mortgages, the firm also originated $769 million of reverse loans in the first quarter...Read More
RSS