New Top Dog at Impac Mortgage Will Earn at Least $2.25 Million This Year March 27, 2018 Paul Muolo As part of his employment package, Mangiaracina is entitled to a severance payment of at least $750,000…Read More
Mortgage Jobs Outlook: A Bit Grainy March 27, 2018 Paul Muolo UWM’s Mat Ishbia credits the company’s strong ties to the broker community for its performance…Read More
Short Takes: loanDepot will Issue Non-Agency MBS / Okay, So It’s Not $6 Million / The Changing of the Guard / Tiptree Nears Sale of Jumbo Lender / Stock Repurchase Plans / MountainView Selling Whole Loans March 27, 2018 Brandon Ivey and Paul Muolo The two men steered Impac through the rocky waters of the financial crisis...Read More
Impac’s New CEO: In Non-QMs We Trust March 26, 2018 Brandon Ivey With refi volume falling, Mangiaracina said non-QMs will be key...Read More
Short Takes: Coming Up on 10 Years / Remember the ‘Southwest Plan’? / What if a ‘Moderate’ Replaces Watt at the FHFA? / Checking in on GSE Reform and Seeing Nothing / loanDepot Gets a New COO March 26, 2018 Paul Muolo It’s almost April and Rep. Jeb Hensarling, R-TX, has yet to introduce his GSE reform bill... Read More
Short Takes: Throwing Cold Water on VantageScore / Weaker Profit Margins, Never a Good Thing / Impac Thinking About Deals? / One is the Loneliest Number / Fannie Mae Looks to Sell More Real Estate March 16, 2018 Carisa Chappell and Paul Muolo After reporting a $44.9 million loss for the fourth quarter, Impac’s share price fell to a new 52-week low...Read More
What We’re Hearing: Another GSE MI Pilot on the Way / Arch Gets High Marks for Looking to the Future / Pam Patenaude for HUD Secretary? / The Mortgage Profit Blues / The Candidates to Succeed Dave Stevens are… March 16, 2018 Paul Muolo Already, there’s speculation that Trump would tap Deputy HUD secretary Pam Patenaude to replace Carson...Read More
Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17 March 15, 2018 Paul Muolo Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…Read More
Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title March 15, 2018 Brandon Ivey and Paul Muolo Rates are falling once again but don't pop the champagne quite yet...Read More
Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer March 14, 2018 Paul Muolo Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...Read More
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