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Waters Seeks New Federal Agency to Regulate Appraisals

March 30, 2022
Sam Manas
Among other things, the bill would establish a federal database of appraisers and appraisal valuations, while strengthening penalties for discrimination...
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A Sign of the Times: Executive Pay Adjusted Downward at Guild

March 29, 2022
Paul Muolo
In 2021, the San Diego-based lender/servicer earned $283.8 million, off 23.5% from the year prior.
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16-Year Fannie Mae Veteran Gives Notice

March 29, 2022
Dennis Hollier
Kimberly Johnson joins long list of GSE execs headed to the (real) private sector.
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As Secondary Market Volume Drags, Maxex Trims Staff

March 25, 2022
Paul Muolo
CEO Tom Pearce noted the cutbacks were a difficult choice...
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A Trying Time for Originators as Rates Continue to Rise

March 24, 2022
Paul Muolo
The California-based American Pacific Mortgage is looking for origination platforms east of the Mississippi, but not necessarily near the coasts...
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Production Profitability Takes It On the Chin

March 22, 2022
Paul Muolo
MBA: "With revenue tightening and volume slowing, it is becoming increasingly important for companies to adjust costs"...
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Bill Dallas Departs Finance of America as Management Reorg Commences

March 18, 2022
Paul Muolo
FoA went public via a special purpose acquisition company maneuver in April 2021...
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Ethnicity of Loan Originator a Factor in Mortgage Denials

March 18, 2022
Brandon Ivey
The researchers noted that the views expressed in the report are not (necessarily) those of the Dallas Fed or of any entity within the Federal Reserve System.
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Senate Committee Approves Thompson as FHFA Chief

March 17, 2022
Dennis Hollier
The nomination of Sandra Thompson to head the Federal Housing Finance Agency moved forward this week when the Senate Banking Committee voted 13-11 in her favor.
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As Better Pines for Public Ownership, Lender Hires ‘Chief People’ Person

March 17, 2022
Paul Muolo
Before Better, Benson-Armer served as a senior partner at McKinsey...
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