loanDepot Sharpens the Cost-Cutting Knife, Eliminates 401(k) Matches October 6, 2022 Paul Muolo Cutting the 401(k) match will not be good for morale, one former loanDepot manager warned... Read More
At a Discount: Mortgage Underwriter Salaries October 4, 2022 Paul Muolo If you need a loan underwriter, plenty are available and at a reduced cost...Read More
Its Fortunes Fading, loanDepot Execs Granted Pay Raises September 30, 2022 Retention bonuses that could reach 300% of base pay also were granted...Read More
Angel Oak REIT Appoints New CEO, Williams Departs September 29, 2022 Paul Muolo Morgan Stanley controls a large chunk of Angel Oak's shares...Read More
CoreVest Senior Leaders Depart Three Years After Acquisition September 27, 2022 Brandon Ivey In other company changes, the REIT promoted Fred Matera to chief investment officer.Read More
Short Takes: The Formula for Survival / Rates, A Historical Perspective / Bullish on MBS REITs / MSRs for Sale / AGMIT Gets a New CEO September 23, 2022 What might a 7% conventional mortgage do to the housing and mortgage markets? 8%?Read More
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