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Rocket Moves to Up Its Game in the Broker Channel. Greater Access to RE Agents?

October 20, 2021
Paul Muolo
The move comes as the origination market shifts from refis to purchase-money lending.
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When Bad Publicity Strikes, Recruiters Can Cause Headaches

October 18, 2021
Paul Muolo
The pitch, emailed by On The Money Acquisition Partners, Charlotte, NC, continues: “Overnight, your situation can be completely different than the previous day.”
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Short Takes: Ocwen Hires Some Heavy Hitters for TPO / Strong 3Q21 Results? / USB Grows Home Lending By Almost 20% / Taper Sooner? / Hale Becomes the Chief

October 15, 2021
Paul Muolo and Dennis Hollier
Ocwen hints at good things in its (coming) 3Q21 results...
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3Q21 Origination Tally: An Increase for BofA, A Decline for Wells Fargo

October 14, 2021
Paul Muolo
Lower all-around at Wells Fargo: home lending, mortgage servicing rights, branches and employees...
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MBA Expects At Least 3,200 at Annual Confab in San Diego. Masks?

October 14, 2021
Monica Hogan
Some lenders are sending big contingents to the trade show., while others are staying home...
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Chopra Sworn in at the CFPB. Kudos and Concerns…

October 13, 2021
Brandon Ivey
John Ryan, president and CEO of the Conference of State Bank supervisors, suggested that cooperation between the CFPB and state regulators will be particularly important.
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Lenders Urge States to Extend Work From Home Flexibilities

October 12, 2021
Brandon Ivey
The Mortgage Bankers Association has asked state regulators to help modernize remote work standards through legislation and/or regulations.
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Mortgage Employment Declines. The Beginning of a Trend?

October 8, 2021
Paul Muolo
Some lending shops are still looking to hire loan officers.
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A Moral Dilemma? Mortgage Bankers and PPP Money

October 1, 2021
Paul Muolo
Hundreds of lenders took PPP money, but given their strong profits, should they ask for federal forgiveness?
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It's Official: Senate Confirms Chopra as CFPB Director

October 1, 2021
Brandon Ivey
Chopra’s installation at the CFPB is expected to jumpstart rulemaking and enforcement efforts by the regulator. At his confirmation hearing in March, Chopra said his priorities include scrutiny of how mortgage servicers work with distressed borrowers.
Read More
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