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Mortgage Closings, the ‘Cliff,’ a Nonprime Revival?

January 30, 2013
Paul Muolo
Outside the weather’s frightful – and inside the loan closings are piling up like snow drifts in Northern Minnesota.
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National Appraisal Management Firm Closes

January 30, 2013
Paul Muolo
ES Appraisal Services, Jacksonville, FL, has closed its doors, the second national appraisal management company to have gone bust in the past year. It also uses the trade name eValuation Solutions LLC.
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California Bank Looking for New Mortgage Warehouse Chief

January 30, 2013
Pacific Premier Bank, Costa Mesa, CA, is looking for a new warehouse lending executive to replace Bill Owen, who departed the company a few weeks ago.
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Happy New Year? Get ready for pending CFPB reguations

January 30, 2013
Paul Muolo
Happy New Year? It is if you’re a mortgage attorney charging billable hours to lenders that are trying to make sense of an array of pending rules coming out of the Consumer Financial Protection Bureau and other agencies.
Read More

Carrington Hires Former Bear Stearns Official Whalen

January 29, 2013
Carrington Holding Co., which has a growing presence in residential finance, has hired Wall Street veteran Christopher Whalen as Executive Vice President in charge of its investment banking operation.
Read More
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