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Bank of America Lobbyist a Candidate for the Ginnie Mae Job?

May 21, 2021
Paul Muolo

HUD Secretary Marcia Fudge was nominated in December and took her oath in early March, but there has yet to be a peep out of Pennsylvania Avenue regarding the FHA commissioner job and who will lead Ginnie Mae.


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Former MBA Officer McCord Headed to Prison

May 20, 2021
Dennis Hollier

At one point, McCord had a deal to sell his mortgage company but the transaction fell apart...


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The Mortgage Hiring Machine Keeps Rattling Along...

May 19, 2021
Paul Muolo

When might the tide turn for mortgage hiring, putting CEOs in the driver’s seat once again? That’s hard to say. Many shops are still looking to add workers...


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Another GSE Departure: Fannie Mae CFO Brown Will Leave at Month’s End

May 18, 2021
Dennis Hollier

In her position, Brown oversees all of the Fannie’s financial management functions, including treasury, financial planning and financial reporting. That makes her something of a public face for the enterprise...


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Short Takes: Whalen Weighs In on UWM / Lightning That Won’t Strike in the Same Place / Guild’s Track Record with LOs / The Key: Low Financial Leverage

May 14, 2021
Paul Muolo

Did anyone really think the gain-on-sale margins of 3Q20 and 4Q20 would last forever?


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Fannie Mae CFO Joins the GSE Exodus

May 13, 2021
Dennis Hollier

Brown’s departure suggests that Fannie, at least, has yet to staunch the bleeding...


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UWM Accused of Restraint of Trade. CEO Ishbia Sued as Well

April 28, 2021
Maria Volkova

Company CEO Mat Ishbia was also named as a defendant...


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Wells Fargo’s Former Warehouse Chief Lands in New York

April 27, 2021
Paul Muolo

As Wells trims its presence in warehouse finance, the former head of the department lands at Signature Bank...


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It's Complicated: Time to Drop Branch Licensing Requirements?

April 27, 2021
Lisa Burden

Veteran mortgage attorney Gus Avrakotos: "With advances in technology, if there ever is a time to seriously consider dispensing with branch office licensing, this is the time."


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Plush with Stunning Profits, Mortgage Firms Boost Donations

April 23, 2021
Lisa Burden

Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?


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