A Carnage in Mortgage Employment: 5,000 Jobs Disappear in a Month July 8, 2022 Paul Muolo Over the past few months, scores of originators have introduced reductions-in-force in an effort to rightsize their operations...Read More
Non-QM Lender Sprout Closes Its Doors July 7, 2022 Paul Muolo Sprout officials could not be reached for comment...Read More
MBA Sees Progress in Loan Officer Remote Work Legislation July 6, 2022 Sam Manas However, as MBA points out, it can sometimes take longer to get things done in California...Read More
Dodd Named President and CEO at CoreLogic June 27, 2022 Monica Hogan CoreLogic changed hands last year...Read More
Short Takes: A Mortgage RIF at JPM? / WARN What? / Bidding on MSRs / A New Jumbo Deal / Greystone Hires FRB Banker as New CEO June 27, 2022 Paul Muolo JPM is working on a new jumbo MBS deal with loans supplied by UWM...Read More
A Nice Pay Raise for Sachem’s Chairman and CEO June 23, 2022 Paul Muolo Sachem, which is a REIT, earned $4.35 million in the first quarter compared to $2.18 million in 4Q21.Read More
LoanDepot Executives Sell Company Shares Into a Tough Market June 16, 2022 The sales were carried out pursuant to Rule 10b5-1 trading plans...Read More
Finance of America Names Interim CEO, Cook Remains as Consultant June 14, 2022 Paul Muolo Cook, a former Freddie Mac and JPMorgan executive, announced her retirement earlier this year.Read More
UWM Settles Overtime Pay Lawsuit to Focus on Business June 10, 2022 Monica Hogan The settlement won’t prompt any changes to UWM’s policies or practices...Read More
Rocket Chief Steps Up to the Plate, Buying Shares June 9, 2022 Paul Muolo When a CEO buys shares in his own company, it's a bullish sign...Read More
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