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Mortgage Bankers, Brokers Add Workers

September 9, 2024
Paul Muolo
The rallying cry from UWM's Mat Ishbia: The "refi boom" has begun!
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Short Takes: It’s Getting Better All the Time? / 20% North of 6% / 25 BP? 50 BP Maybe? / Consumer Sentiment / A New Hire for MBA

September 9, 2024
Paul Muolo
On the horizon: A mini refi boom? Next week the FOMC meets...
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Short Takes: MSR Values Decline / Retention Performance Falters / Rocket Taps Former CEO of Sagent / Home Improvement Securitization

September 4, 2024
Brandon Ivey
MSR values are coming down as interest rates decline.
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Short Takes: Two Harbors Resignation / HomeLight Expands AI Tool / LoanDepot Adds to Equity Product Offerings

August 29, 2024
Shannon Clark
Two Harbors Investment Corp. executive is leaving for Granite Point Mortgage Trust.
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Short Takes: Would You Like to Stay On? / Under the Radar: Sixth Street / Mortgage Names Employed There / Better Stock Price / Paying For It?

August 19, 2024
Paul Muolo and Monica Hogan
Among those who work at Sixth Street is Jordan Feil who serves as managing director.
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Short Takes: ‘Soft Landing’ Still Possible / Neutral Housing Market / Pending Home Sales Decline / Newrez Launches Emergency Fund for Employees

August 15, 2024
Brandon Ivey
The economy is looking somewhat stronger than expected, based on data released Thursday.
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IG Finds Major Holes in FHFA's IT System

August 14, 2024
Dennis Hollier
Loose IT security controls could have made it possible for a malicious employee, or an external party with access to that employee's account, to gain full control of the FHFA network.
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Scotiabank to Enter Mortgage Warehouse Lending Space

August 13, 2024
Paul Muolo
Scotiabank hired the managing director of Chase's mortgage warehouse unit.
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More of the Same: Mortgage Bankers Cut Jobs, Brokerage Shops Add

August 5, 2024
Paul Muolo
During the refi boom of 2021, mortgage banking employment was roughly 8,000 jobs shy of 300,000...
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Short Takes: Positive Outlook for Acra / New Co-CEO at Dynex / NYCB Touts Simplified Business Model

July 23, 2024
Brandon Ivey
Non-QM lender Acra Lending has been profitable in the last three years.
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