Short Takes: Delinquencies Decline / No Foreclosure Surge / Home Sales Slow / Longbridge Names New COO May 23, 2022 Brandon Ivey and Monica Hogan Delinquencies and foreclosure starts both declined in April on a monthly basis.Read More
New loanDepot Chief Spends Six Figures on Company Stock May 19, 2022 Paul Muolo The shares reside in a family trust that carries the Martell name.Read More
As Priorities Shift, CFPB Expands Attorney Roster May 19, 2022 Sam Manas The application window for CFPB attorney positions closed on May 16...Read More
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...Read More
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...Read More
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...Read More
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.Read More
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.Read More
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. Read More
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.Read More