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As Priorities Shift, CFPB Expands Attorney Roster

May 19, 2022
Sam Manas
The application window for CFPB attorney positions closed on May 16...
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Senate Confirms Gordon to Lead FHA. About That Premium Cut...

May 12, 2022
Monica Hogan
Now that Gordon has been plated, the lobbying for a premium cut begins...
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As Volumes Drop, Some Mortgage CEOs Take Home Less Pay

May 10, 2022
Paul Muolo
During the first quarter, Fairway transferred roughly $5.8 billion of mortgage servicing rights to new owners...
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Mortgage Jobs Dip in New Government Tally

May 6, 2022
Paul Muolo
While most industries are dying for workers, mortgage lenders have the opposite problem...
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A Pay Package of Almost $31 Million for loanDepot Chief Hsieh

May 5, 2022
Paul Muolo
The compensation package could raise eyebrows given that loanDepot’s share price fell to $2.83 Thursday morning.
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Another Fannie Mae Executive Departs: Jenney Shen, VP of Single-Family

May 4, 2022
Paul Muolo
At Fannie, Shen was responsible for relationships with the mortgage giant’s 1,500 seller/servicers.
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Mortgage Lenders Begin Layoffs. A Lot More on the Way...

April 28, 2022
Sam Manas

The veteran mortgage advisor believes lenders should be instituting more layoffs.


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Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed?

April 28, 2022
Paul Muolo
Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.
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Flagstar Posts a Profit in 1Q Amid Lower Volumes, GOS and Layoffs

April 27, 2022
Paul Muolo
One notable: The firm assigned an asset value of 131 bps to its mortgage servicing portfolio for the first quarter compared to 112 bps in 4Q21.
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Surprise: loanDepot Chief Hsieh Steps Aside as CEO but Will Remain as Executive Chair

April 26, 2022
Paul Muolo
LoanDepot noted Martell “will drive daily operations and lead the company’s diversified multi-channel mortgage origination model"...
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