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Underwriter Shortage Gets Serious as ‘Raids’ Heat Up

October 27, 2020
Paul Muolo

Fearful your best underwriters might get poached? You're not alone...


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SCOTUS Receives Last Major Brief in the (GSE) Collins Case

October 26, 2020
Dennis Hollier

Nielson’s friend of the court filing is tightly reasoned and well organized. However...


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Okay, We’re Doing Great Today, but What About Tomorrow?

October 23, 2020
Brandon Ivey

Kirstin McMullen, chief financial officer of The Money Source: “Since March, we have all made so much cash, so it’s certainly less stressful"...


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DOJ Unveils Guild FHA Legal Settlement

October 23, 2020

In settling with the FHA charges with government, Guild did not admit liability...


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Short Takes: A Quarter to Remember / But a Record? / The NB vs. Bank Tally / Avoiding Television / A Premier for FHA AU

October 22, 2020
Paul Muolo and Maria Volkova

Among the top 10 lenders for the first nine months, six were nonbanks and four were federally insured depositories. However, the number-10 ranked Bank of America is in danger of being overtaken by Guaranteed Rate.


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Short Takes: The Passing of James Johnson / A Small Rise in Forbearance / Rocket Sets Earnings Date / BTIG Expands Mortgage Coverage / Nations’ New Houston Office

October 19, 2020
Paul Muolo

A former aide to Sen. Walter Mondale, Johnson – operating the company in the wake of the nation’s savings and loan crisis – recognized early on that Fannie’s future would hinge on conducting more business with  nonbank lenders...


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Racking Up Overtime to Handle the Refi Boom

October 19, 2020
Brandon Ivey

Of those surveyed, 25% of lenders said they increased their use of overtime pay...


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An Up Week for New Applications. 2021 Looks Promising?

October 7, 2020
Paul Muolo

One thing seems universal: originators are swamped with applications and inquiries, but are short of workers...


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A Milestone Reached: Loan Broker Employment Tops 100K

October 6, 2020
Paul Muolo

Year over year, full-time positions have grown by an impressive at 20.0%...


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Another Nonbank (Caliber) Unveils IPO Plans, CEO Earned $20 Mil Last Year

October 2, 2020
Brandon Ivey

In the first half of 2020, Caliber posted net income of $275.3 million compared to a loss of $59.4 million in the comparable period last year.


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