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Short Takes: Better.com’s New Hire / Check the Tape / Insider Buying is Good, Right? / CDFI Issues Second Non-QM Deal / A (Presidents) Day Off

February 18, 2022
Paul Muolo and Brandon Ivey

Piper Sandler on loanDepot: "In our view, the stock is pricing-in a very long downturn in the mortgage market"...


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CFPB Study Suggests Mortgage Bankers Have a Diversity Problem

February 16, 2022
Sam Manas
Mortgage banking firms were the largest part of the sample with 104 institutions.
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Another Streamlining Move for Home Point: Nonbank Will Outsource Servicing Function

February 14, 2022
Paul Muolo
The third-party vendor, ServiceMac, ranks ninth among all subservicers, according to figures compiled by Inside Mortgage Finance.
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Freddie Hires Wells Veteran as General Counsel, Adds Two Directors

February 14, 2022
Dennis Hollier
The mortgage giant finds a permanent general counsel and adds two new directors...
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FHA Facing a Severe Talent Drain?

February 11, 2022
Monica Hogan
Dana Wade, a former FHA commissioner, said that like other employers, the federal government is experiencing issues from the Great Resignation, compounded by an aging workforce...
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FHFA to Replace (Calabria's) Strategic Plan

February 10, 2022
Dennis Hollier
Ending the conservatorships is out, saving housing finance from climate change is in...
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Mortgage Employment Rises? In December, At Least

February 7, 2022
Paul Muolo
Mortgage brokers trimmed 500 positions from their payrolls during December.
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Not a Good Month for Originations: January. Now What?

February 4, 2022
Paul Muolo
The general consensus among executives and loan officers over the past two weeks is that layoffs likely are on the way — it’s just a matter of when.
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OIG: FHFA Directed Fannie to Offer $250K Bonus for GSE Executive

January 31, 2022
Dennis Hollier
Shortly before his departure in June 2021, former FHFA Director Mark Calabria and his then-Chief of Staff John Roscoe pressed Fannie Mae CEO Hugh Frater to give a $250,000 bonus to a Fannie executive.
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Caliber CEO Heads for the Exit

January 24, 2022
Paul Muolo
As of press time, NRIC had not filed notice with the Securities and Exchange Commission regarding Das’ exit.
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