Court Dismisses Selected Claims in Angel Oak LO Lawsuit April 20, 2022 Brandon Ivey Overall, Angel Oak made nine claims against the LOs and LendSure...Read More
Yet More Layoffs at Better.com, Nation’s 17th Largest Lender April 19, 2022 Paul Muolo The New York-based Better.com had hoped to become a public company at yearend 2021 via a SPAC maneuver...Read More
Mortgage Vendor Blend Institutes Layoffs April 19, 2022 Paul Muolo Blend: "The focus of the plan is on streamlining the company’s title operations as well as its general and administrative functions."Read More
Home Lenders Face Licensing Uncertainty as Pandemic Flexibilities Expire April 18, 2022 Brandon Ivey One MBA official said currently only 15 states allow for remote work permanently...Read More
Coming Soon: A Wave of Mortgage Retirements in the C-Suite? April 13, 2022 Paul Muolo If a true retirement wave develops, the question becomes: Who’s going to replace all the retirees?Read More
Lenders Urged to Keep an Eye on LO Usage of Social Media April 8, 2022 Monica Hogan Monitoring compliance is crucial for originators to avoid violating consumer protection rules...Read More
Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
Less Compensation in the Altisource C-Suite April 5, 2022 Paul Muolo Altisource, however, managed to turn a profit for the year by selling its artificial intelligence affiliate...Read More
The Mortgage Job Loss Tally: Brokers Add Workers, Bankers Cut April 1, 2022 Paul Muolo A search of WARN Act filings in California revealed very few recent mortgage-related layoffs in the state.Read More
Finance of America Granted Waiver from Fannie March 31, 2022 Paul Muolo Two senior executives are leaving FoA: Patricia Cook and Bill Dallas...Read More