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3Q Red Ink Expected for Public-Bound Better.com. A Reorg As Well…

November 15, 2021
Paul Muolo
The firm estimates its gain-on-sale margin improved to as high as 197 basis points in 3Q compared to 162 bps in the second quarter.
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First American Buys Bob Caruso’s Subservicing Shop

October 25, 2021
Paul Muolo
A title insurance giant makes a splash with its latest vendor acquisition...
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Trustmark Settles Mortgage Redlining Charges as CFPB Warns About Pitfalls of Tech

October 22, 2021
Paul Muolo
One message: High tech won't protect you from the government's wrath.
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At MBA Show, FHFA Chief Unveils Efforts to Increase the Low-Income Refi Pie

October 19, 2021
Dennis Hollier
Thompson also made it the FHFA will not be changing seller-servicer standards for nonbanks this year.
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MBA Expects At Least 3,200 at Annual Confab in San Diego. Masks?

October 14, 2021
Monica Hogan
Some lenders are sending big contingents to the trade show., while others are staying home...
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A Loss for the Public-Bound Better.com and a Warning on GOS

October 5, 2021
Paul Muolo
Founder and CEO Vishal Garg earned $25.3 million in 2020...
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GAO Deems FHA Catalyst Oversight Unreliable

September 30, 2021
Monica Hogan
The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.
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Redwood Incorporating Blockchain in Its Non-Agency MBS

September 15, 2021
Brandon Ivey
While the use of blockchain in a prime non-agency MBS is a first, rating services were unmoved by the technology.
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Redwood Teams with Frontiers on Venture Capital Investing

September 7, 2021
Brandon Ivey
Prior to the partnership, Redwood's RWT Horizons made investments in eight early-stage companies.
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United Wholesale Planning to Accept Cryptocurrency for Mortgage Payments

August 17, 2021
Brandon Ivey
Some lenders have allowed borrowers to use cryptocurrency to make downpayments or as part of the calculation of a borrower’s assets, but none appear to allow monthly mortgage payments with bitcoin yet.
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