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Executive Pay Hit Hard in 2021; loanDepot's Hsieh the Top Earner

September 12, 2022
Paul Muolo
After Hsieh, Patti Cook, CEO of Finance of America, was the highest paid executive among the nation's publicly traded nonbanks.
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Sprout Mortgage’s West Coast Team Finds a New Home

September 7, 2022
Paul Muolo
Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...
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Another Month, Another Reduction in Mortgage Jobs. Home Point Trims Staff…

September 2, 2022
Paul Muolo
For the cycle, mortgage banking employment peaked in June 2021 at 297,600 positions...
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Rocket CEO Farner Keeps Buying Shares

September 1, 2022
Paul Muolo
Farner directly owns 3.87 million shares of Rocket’s common...
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CFPB Plan to Regulate Customer Service Draws Criticism

September 1, 2022
Sam Manas
The CFPB made inquiries regarding how customer service representatives are evaluated and compensated...
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Loan Originators Settle Insider Trading Case Tied to Equifax Shares

September 1, 2022
Brandon Ivey
As part of the settlement, the Palmers did not admit to any wrongdoing...
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FHFA Targets 'Cloud' Storage for Prospective GSE Executives

August 29, 2022
Dennis Hollier
The findings from any criminal background checks would be included too...
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While loanDepot Executives Sell Shares, Founder Hsieh Buys

August 25, 2022
Paul Muolo
Back in April, Hsieh ceded every day management of the company to new hire Frank Martell...
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Cenlar Beefs Up Its Default Team...to Please the OCC?

August 19, 2022
Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...
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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...
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