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
FHFA Targets 'Cloud' Storage for Prospective GSE Executives August 29, 2022 Dennis Hollier The findings from any criminal background checks would be included too...Read More
While loanDepot Executives Sell Shares, Founder Hsieh Buys August 25, 2022 Paul Muolo Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...Read More
Cenlar Beefs Up Its Default Team...to Please the OCC? August 19, 2022 Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...Read More
Sources: Sprout Owner Strauss Puts NYC Penthouse Up For Sale August 18, 2022 Sam Manas Zillow, earlier this week, was listing the apartment at $26.5 million...Read More
Short Takes: Better Troubles? / The SoftBank Question / A $750 Million Loan / Dumping SoFi Shares / #34 and Slipping August 10, 2022 Paul Muolo A large loan to Better.com from SoftBank is something to keep an eye on...Read More
Cenlar Chief Tornquist Retires, Former GSE Executives Fill the Void August 8, 2022 Paul Muolo The press-shy, privately held vendor made headlines last fall when it was sanctioned by the OCC...Read More
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