Rocket CEO Farner to Retire; Nonbank Looking for New Leader February 13, 2023 Brandon Ivey Bill Emerson will serve as interim CEO of Rocket companies.Read More
Hsieh's Latest Revelation: I Was Fired by the loanDepot Board February 9, 2023 Paul Muolo loanDepot insiders have been dumping their stock in the lender. But not Hsieh.Read More
JPM Confirms Mortgage Layoffs, Hopes to Redeploy Workers February 9, 2023 Paul Muolo Chase is the nation’s third-largest retail home lender overall....Read More
Short Takes: A Tough Quarter for Mega REIT / Annaly Will Trim Dividend / Opportunistic / Better.com Update / NBA Owner Ishbia February 9, 2023 Paul Muolo The Suns new owner: mortgage banker Mat Ishbia...Read More
Director Battles Ensues, loanDepot Founder Hsieh Steps Down as Exec Chairman February 8, 2023 Paul Muolo Hsieh will step down as "executive" chairman, but will retain a chairman title. loanDepot did not provide any color on his duties.Read More
AmeriSave and Its Former Employees Head to Arbitration February 3, 2023 Sam Manas The laid-off workers filed their lawsuit in November...Read More
More Banks Expected to Pull the Mortgage Plug February 2, 2023 Paul Muolo Rest assured, additional restructuring moves and departures are in the works.Read More
NYCB Unveils Massive Mortgage Restructuring Plan, Will Reduce Coverage by Almost 70% January 31, 2023 Paul Muolo In the fourth quarter, NYCB earned $172 million compared to $152 million in 3Q22...Read More
A New Permanent CEO for Nation's Largest Subservicer January 30, 2023 Paul Muolo Daras worked for Cenlar from 1985 to 1990 before departing as CFO to join Dime Bancorp.Read More
Radian Cuts Severance Deal With Departing CFO January 27, 2023 Paul Muolo "It's our goal is to fill this important position with the right candidate and the search is well underway," a company spokesman said.Read More
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