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Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title

March 15, 2018
Brandon Ivey and Paul Muolo
Rates are falling once again but don't pop the champagne quite yet...
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Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer

March 14, 2018
Paul Muolo
Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...
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Short Takes: Should the GSEs Use ‘Alt’ Credit Scores? / A Good Chance of Passage? / Ben Carson Heading Home? / An MPF Milestone / A New Hire for SLK Global

March 14, 2018
Paul Muolo
Will Department of Housing and Urban Development Secretary Ben Carson be the next Trump cabinet member to depart?
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Impac Gets Slammed by Lower Originations, Trump Tax Bill; Long-Time CEO Joe Tomkinson is Departing

March 14, 2018
Paul Muolo
The company confirmed that long-time chairman and CEO Joe Tomkinson will be stepping down at the end of July...
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New Disclosures Show that Fannie and Freddie Keep Adding Workers

March 13, 2018
Paul Muolo
Both companies have been solidly profitable since earlier in the decade…
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Short Takes: Impac, the Day Before the ‘Ides of March’ / A Boost for Ditech? / Market Cap? / CFPB Cedes Power to the States / A Promotion at NTC

March 13, 2018
Paul Muolo and Yemeng Yang
Under Acting Director Mick Mulvaney, the CFPB will rely on state regulators and state attorneys general for more leadership when it comes to enforcement...
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Mortgage Brokers Add Jobs, Bankers Don’t; JPM, Quicken, Others are Hiring

March 12, 2018
Paul Muolo
Quicken Loans continues to hire technology-related workers…
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Short Takes: Amazon Wants to Enter the Mortgage Industry (Good Luck with That) / Who is Nick Clemente? / Risk and the GSEs / Essent’s Risk-Sharing Deal / A New Hire for Recovco

March 12, 2018
Brandon Ivey and Paul Muolo
From what we understand, the Amazon executive spearheading the effort is Nick Clemente...
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Broker Group Continues Attack on What it Views as Unfriendly Wholesalers

March 9, 2018
Brandon Ivey
Six lenders were deemed by BRAWL to be true partners, including Plaza Home Mortgage and United Wholesale Mortgage…
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Will the White House Tap Michael Bright to be the Permanent President of Ginnie?

March 9, 2018
Paul Muolo
Before going into government service, Bright co-authored a housing-finance reform paper with former Federal Housing Finance Agency Acting Director Ed DeMarco…
Read More
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