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Lenders Improve Efficiency With Originations Increasing

October 14, 2024
Paul Muolo
Residential funders employed 184,000 full-timers at the end of August, down 12,600 from August 2023.
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Originations Are Up, But Sector Employment is Almost Flat

October 7, 2024
Paul Muolo
The good news: It was the highest residential lender jobs reading since March of this year...
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FHLBanks Receive Climate Change Directive From FHFA

October 1, 2024
Dennis Hollier
FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.
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Sizeable Pay Cuts for Some CEOs of Mid-Sized Nonbanks?

September 30, 2024
Paul Muolo
In some cases, CEO pay was cut in half at mid-sized nonbanks.
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Offshoring Mortgage Tasks: Not Just for Servicers

September 23, 2024
James Dohnert
Offshore labor can be used to prepare origination files for credit decisions by a licensed underwriter.
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Freddie Appoints Diana Reid as CEO

September 10, 2024
Dennis Hollier
The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.
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Mortgage Bankers, Brokers Add Workers

September 9, 2024
Paul Muolo
The rallying cry from UWM's Mat Ishbia: The "refi boom" has begun!
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Short Takes: It’s Getting Better All the Time? / 20% North of 6% / 25 BP? 50 BP Maybe? / Consumer Sentiment / A New Hire for MBA

September 9, 2024
Paul Muolo
On the horizon: A mini refi boom? Next week the FOMC meets...
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Short Takes: MSR Values Decline / Retention Performance Falters / Rocket Taps Former CEO of Sagent / Home Improvement Securitization

September 4, 2024
Brandon Ivey
MSR values are coming down as interest rates decline.
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Short Takes: Two Harbors Resignation / HomeLight Expands AI Tool / LoanDepot Adds to Equity Product Offerings

August 29, 2024
Shannon Clark
Two Harbors Investment Corp. executive is leaving for Granite Point Mortgage Trust.
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