LO Signing Bonus Turns Heads. $2 Million? Really? September 16, 2022 Monica Hogan It seems like a lot of money to pay in tough times...Read More
Wall Streeter Gets Top Risk Job at Fannie Mae September 16, 2022 Paul Muolo Moon also has worked for GE Capital, Bank of Tokyo Mitsubishi and Bankers Trust.Read More
Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More
Executive Pay Hit Hard in 2021; loanDepot's Hsieh the Top Earner September 12, 2022 Paul Muolo After Hsieh, Patti Cook, CEO of Finance of America, was the highest paid executive among the nation's publicly traded nonbanks.Read More
Sprout Mortgage’s West Coast Team Finds a New Home September 7, 2022 Paul Muolo Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...Read More
Another Month, Another Reduction in Mortgage Jobs. Home Point Trims Staff… September 2, 2022 Paul Muolo For the cycle, mortgage banking employment peaked in June 2021 at 297,600 positions...Read More
Rocket CEO Farner Keeps Buying Shares September 1, 2022 Paul Muolo Farner directly owns 3.87 million shares of Rocket’s common...Read More
CFPB Plan to Regulate Customer Service Draws Criticism September 1, 2022 Sam Manas The CFPB made inquiries regarding how customer service representatives are evaluated and compensated...Read More
Loan Originators Settle Insider Trading Case Tied to Equifax Shares September 1, 2022 Brandon Ivey As part of the settlement, the Palmers did not admit to any wrongdoing...Read More