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Mortgage Pink Slips Begin to Proliferate. Non-QM Sector Insulated?

January 10, 2022
Paul Muolo
In recent interviews, mortgage executives, overall, have revealed mixed plans regarding hiring...
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Better.com Gets a Chief Product Officer. The Goal: Growth Ahead

January 7, 2022
Paul Muolo
Better.com's new chief product officer spent seven years at Wayfair...
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Industry Nears Third Year of Disruption as Omicron Variant Surges

January 7, 2022
Monica Hogan
Citigroup, a top-30 player in mortgages, has become the first megabank to impose a strict Covid-19 vaccine mandate: Get a shot or you're fired.
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Short Takes: Higher LLPAs for IPLs? / Who Benefits? / Paying Off Expensive Debt / Cashing Out of The Tree / Bank LO Veteran Joins NB in Boston

January 6, 2022
Monica Hogan
It's a new year and that means LO recruiting season is under way...
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In Counterclaim, Equity Prime Levies Allegations Against Carrington

December 29, 2021
Paul Muolo
Equity Prime's lawyers are going to be busy in the new year...
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Aurora Remains Confident in Better.com. However…

December 28, 2021
Paul Muolo
In the first paragraph of the new 8-K, AAC told its shareholders Better founder and CEO Vishal Garg is presently taking a “break to reflect and refocus”...
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Can Cash-out Refis Buffer the Layoff Picture?

December 15, 2021
Also, several shops are aggressively marketing to their servicing customers, pitching cash-out refis.
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Biden Formally Nominates Thompson to Lead FHFA

December 14, 2021
Dennis Hollier
David Stevens, a former FHA commissioner, and an advisor to the Biden presidential campaign, said he was delighted with the nomination.
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Garg's Departure Was Somewhat Predictable, Says Consultant

December 13, 2021
Paul Muolo
The memo also reveals the board has hired an independent third-party firm to “do a leadership and cultural assessment” of the originator.
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Garg Out (for Now) as CEO of Better.com; Review Under Way

December 10, 2021
Paul Muolo
A public company, Aurora, meanwhile, filed no notice with the SEC on Garg’s departure.
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