Sources: Sprout Owner Strauss Puts NYC Penthouse Up For Sale August 18, 2022 Sam Manas Zillow, earlier this week, was listing the apartment at $26.5 million...Read More
Short Takes: Better Troubles? / The SoftBank Question / A $750 Million Loan / Dumping SoFi Shares / #34 and Slipping August 10, 2022 Paul Muolo A large loan to Better.com from SoftBank is something to keep an eye on...Read More
Cenlar Chief Tornquist Retires, Former GSE Executives Fill the Void August 8, 2022 Paul Muolo The press-shy, privately held vendor made headlines last fall when it was sanctioned by the OCC...Read More
Mortgage Layoffs Double and Then Some August 5, 2022 Paul Muolo The job losses in the mortgage brokerage community were much less severe: 900 employees were handed pink slips in June...Read More
Short Takes: House Price Appreciation Still Tops 18%; Fannie Taps New Chief Human Resources Officer; Foreclosure Starts on the Upswing July 26, 2022 Dennis Hollier FHFA HPI dips slightly; foreclosure starts go the other way.Read More
Still Alive: A CFPB Registration System for Nonbanks July 22, 2022 Sam Manas The CFPB has batted around the idea of a nonbank registration system for years...Read More
CFPB Hiring Tech Experts to Boost Investigations July 20, 2022 Sam Manas The bureau expects to hire roughly 25 tech specialists over the next year or so...Read More
As Production Skids, Underwriter Costs ‘Correct’ July 19, 2022 Paul Muolo Loan underwriter salaries have dropped significantly from their refi peaks...Read More
How Bad Might the Mortgage Layoff Picture Get? July 18, 2022 Paul Muolo In less than a year, Better has reduced its headcount by 72%... Read More
State Regulators Set Work-From-Home Best Practices July 15, 2022 Brandon Ivey Individual states have the ability to allow or deny lenders the option of having LOs work from home...Read More
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