LendingTree Posts Record Revenue for 1Q19, but Suffers a Loss April 26, 2019 Paul Muolo LendingTree played up the results of its nonmortgage-related businesses and increased its overall revenue forecast for the year.Read More
Short Takes: GSE Stocks: What Goes Up Is Coming Down / True Value? / The Homeownership Rate Dips Ever So Slightly / The ‘Old’ Days: If You’re Breathing You Can Get a Mortgage / That Was Then, This Is Now (Banks) April 25, 2019 Paul Muolo When it comes to investing in Fannie/Freddie common, volatility is the watchword...Read More
The Final Tally for 1Q19 Originations: $355 Billion (It Could Have Been Worse) April 25, 2019 John Bancroft Most lenders were expecting a bad quarter. And they were right, but a few shops bucked the trend, including BofA, Freedom, Quicken and UWM... Read More
Another Week and Another Negative Reading on New Business April 24, 2019 Paul Muolo Not good: Three weeks of negative applications readings...Read More
MSR Sales (Transfers) Down Sharply in 1Q19 April 24, 2019 John Bancroft The top buyer in the MSR sector was Mr. Cooper Group… Read More
Short Takes: Believing in Big Payoff (Someday) / A Nice Return Based on 2019 Calculations / WMC Files for BK / Starting Out in Life as Weyerhaeuser / Two Lenders Form a Combo April 24, 2019 Paul Muolo Industry vets might recall that WMC started out in life as Weyerhaeuser Mortgage...Read More
Short Takes: JPM’s Latest Outreach Effort to RE Brokers / #3 in Retail / A Quick History Lesson / A Strong Quarter for MGIC / A New CEO for LoanLogics April 23, 2019 Paul Muolo Chase is looking for an edge with realtors...Read More
Flagstar Reports Both Lower Earnings and Originations for 1Q19 April 23, 2019 Paul Muolo At March 31, Flagstar's home equity loan portfolio totaled $796 million, up 19% from a year ago...Read More
Existing Home Sales Reverse Course in March April 22, 2019 Dennis Hollier Sales decline despite robust economic and employment statistics.Read More
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