Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More
Wells' Game Plan in Home Mortgages: Consumer and Wealth Clients Mostly September 13, 2022 Brandon Ivey Servicing? Wells doesn't see much of a priority there as well...Read More
NCRC Questions the Usefulness of HMDA Information September 13, 2022 Sam Manas Some 23% of loans collected in the 2021 HMDA dataset lacked demographic information...Read More
Executive Pay Hit Hard in 2021; loanDepot's Hsieh the Top Earner September 12, 2022 Paul Muolo After Hsieh, Patti Cook, CEO of Finance of America, was the highest paid executive among the nation's publicly traded nonbanks.Read More
Ocwen Says Company Not in Compliance with GNMA RBC, May Exit the Space September 12, 2022 Paul Muolo Ocwen is contemplating its options, including leaving the Ginnie Mae arena...Read More
Depositories Experience a Sharp Decline in Mortgage Banking Income September 12, 2022 Brandon Ivey Income trends on mortgages varied widely at individual banks.Read More
AmWest Stocks Non-QM MBS With Fresh Loans September 9, 2022 Brandon Ivey Loans in the deal have seasoned for an average of one month.Read More
Purchase-Money Lending Buoyed by Rookies. UWM Ranked First in Category September 8, 2022 John Bancroft Megabanks Wells Fargo and JPMorgan Chase ranked second and fourth, respectively, among purchase lenders in 1H22...Read More
The Mortgage Correction: What Inning Are We In? September 8, 2022 Paul Muolo A reminder of 2008 or something else entirely?Read More
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