An Earnings Plunge for loanDepot. Servicing Writedowns Too February 1, 2022 Paul Muolo In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.Read More
FHFA Chief Shares Views on LLPA Hikes, More... February 1, 2022 Dennis Hollier Thompson acknowledged that it simply costs more to buy a home in places like San Francisco and New York...Read More
A Good Origination Year for Better.com. However… January 31, 2022 Paul Muolo For the full year, Better funded $50.86 billion, ranking 17th nationwide, according to Inside Mortgage Finance...Read More
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
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