A 2Q Market Share Gain for Correspondent Lending August 25, 2022 John Bancroft A handful of lenders grew their wholesale production, including Flagstar...Read More
While loanDepot Executives Sell Shares, Founder Hsieh Buys August 25, 2022 Paul Muolo Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...Read More
A Price War? Nation’s Third-Largest Wholesaler Cuts (Certain) Rates by 75 BPs August 24, 2022 Paul Muolo Despite the price cut by Home Point, a spokesman said, “This isn’t a play at creating more of a price war in the industry.”Read More
Housing Affordability an Issue, FHFA Establishes a New Advisory Panel August 24, 2022 Dennis Hollier Members of the new panel will be chosen by the FHFA director...Read More
Beating the Odds on Non-Agency Profitability: Velocity August 24, 2022 Brandon Ivey The publicly traded nonbank posted net income of $10.8 million in 2Q22...Read More
FHA/VA Originations Smacked Around in 2Q22 August 23, 2022 Monica Hogan VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...Read More
Better.com Founder Garg Says Lender Committed to ‘Greater Capitalization’ August 23, 2022 Paul Muolo Better, which remains privately held, has yet to release its 2Q22 results.Read More
With Former Wall Streeter in Charge, Altisource Emphasizes Bridge Loans, DSCR August 23, 2022 Brandon Ivey The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...Read More
FHFA Tweaks GSE Multifamily Goals for 2023-24 August 23, 2022 Dennis Hollier The new benchmarks are based on the percentage of affordable units, rather than the absolute number...Read More
Bank Appetite Boosted Jumbo Production in 2Q22 August 22, 2022 Brandon Ivey The top three jumbo lenders in 2Q22: Wells Fargo, JPMorgan Chase and Bank of America...Read More
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