Acra CEO Brushes Off Departure of Wholesale Employees January 22, 2025 Paul Muolo Roughly 20 of Acra's wholesale account executives and managers left for Champions Funding within the past month or so.Read More
Trump Nominates Bill Pulte for FHFA Director January 17, 2025 Dennis Hollier The president-elect said Bill Pulte will help “restore the American Dream for all.”Read More
Turner Looking to Address Housing Supply at HUD January 17, 2025 Monica Hogan Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.Read More
Time to Wrap Up Those LO Contracts January 6, 2025 Paul Muolo Recruiter Rick Roque says it’s in the best interest of management to finalize compensation agreements by mid-March...Read More
Ginnie Increases Employee Count in 2024 January 3, 2025 Brandon Ivey As of the end of September, the agency had 265 employees, up 25% from a year ago.Read More
Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained January 2, 2025 Brandon Ivey Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.Read More
Short Takes: Government Shutdown Impact / Existing-Home Sales Increase / Baby Boomers and Home Equity / Ginnie Senior Leader Retiring December 20, 2024 Brandon Ivey Among many other issues, the shutdown would pause authorization for new flood insurance policies under the National Flood Insurance Program, potentially impacting home sales.Read More
Flagstar's CFO Departs, Lee Smith Named to Replace Him December 16, 2024 Paul Muolo Gifford, just a few days ago, gave notice to Flagstar that he will be leaving the federally insured depository.Read More
Short Takes: French Hill to Lead HFSC / FHA Offers Hurricane Relief to Lenders / Affordability Issues Persist / Negative Outlook for Statebridge / PHH Turns to Blend December 13, 2024 Brandon Ivey Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.Read More
Another Month of Mortgage Job Gains. However… December 9, 2024 Paul Muolo Loan brokers added 100 full-timers during October, bringing their head count to 86,700 positions.Read More