Mortgage Company Debt Below Par. A Warning Sign? January 28, 2022 The reason is simple: Higher interest rates have altered the competitive landscape...Read More
As Rates Rise, UWM’s Share Price Comes Under Pressure January 28, 2022 Paul Muolo The Pontiac, MI-based company is now offering what it calls "free" appraisals...Read More
The Final Tally: 2021 Sets Residential Originations Record January 27, 2022 John Bancroft For six consecutive quarters home lenders pounded out $1 trillion or more in originations...Read More
Originations and Earnings Decline at Flagstar, MSR Values Rise January 27, 2022 Paul Muolo Slated to be purchased by NYCB, this mortgage bellwether of sorts originated $10.7 billion of residential loans in 4Q21...Read More
Community Lender Trade Group Balks at LLPA Hikes January 26, 2022 Dennis Hollier CHLA wants the effective date of the fee hikes delayed until July...Read More
Amherst Exec Scales Back Expectations for FHA Premium Cuts January 26, 2022 Monica Hogan The MMIF’s capital reserves emerged from fiscal 2021 in better shape than some might have expected given the pandemic, Abrahams said.Read More
Caliber CEO Heads for the Exit January 24, 2022 Paul Muolo As of press time, NRIC had not filed notice with the Securities and Exchange Commission regarding Das’ exit.Read More
Analyst Weighs In On Better.com January 24, 2022 Paul Muolo Better is presently seeking a new chairman, president and chief human resources officer...Read More
No VOE or VOI? Change to Issue Unique Expanded-Credit MBS January 21, 2022 Brandon Ivey Change's MBS received a preliminary A rating from DBRS, which said the lender's program is weaker than other CDFIs'...Read More
Banks Target Nonbanks for Asset-Based Lending, Warehouse January 21, 2022 Paul Muolo For months now, rumors have been circulating that Signature was planning to make a big splash in warehouse finance, having hired a former Wells Fargo executive...Read More
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