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A Particularly Brutal Production Quarter for Fintech Better.com

May 2, 2022
Paul Muolo
Given steeply higher rates and much narrower lending profits the past six months, Better’s journey to the NYSE has been anything but smooth.
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Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed?

April 28, 2022
Paul Muolo
Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.
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Mortgage Vendor Blend Institutes Layoffs

April 19, 2022
Paul Muolo
Blend: "The focus of the plan is on streamlining the company’s title operations as well as its general and administrative functions."
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Shut for Repairs: FHA's Loan Review System

April 18, 2022
Monica Hogan
FHA estimates access to the LRS will be restored by April 25...
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Mortgage Tech Firm Blend Posts Large Loss, Stock Gets Crushed

April 1, 2022
Paul Muolo
Chairman Ghamsari said, “As we navigate through this rapid mortgage industry reset, our priorities are to drive customer adoption of our expanding software solutions"...
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Lenders Weigh In on Blockchain. Block What?

March 28, 2022
Dennis Hollier
Only 31% of residential lenders believe mortgage companies will accept cryptocurrencies over the next three years...
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Mortgage Firms Put on Alert for Russian-Related Cyber Attacks

March 14, 2022
Monica Hogan
The Federal Reserve is in constant communications with financial institutions regarding cyberattacks...
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A Major Layoff in the Works at Better.com

March 8, 2022
Among all originators, Better.com ranked 17th in 2021, according to Inside Mortgage Finance...
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Short Takes: Better.com’s New Hire / Check the Tape / Insider Buying is Good, Right? / CDFI Issues Second Non-QM Deal / A (Presidents) Day Off

February 18, 2022
Paul Muolo and Brandon Ivey

Piper Sandler on loanDepot: "In our view, the stock is pricing-in a very long downturn in the mortgage market"...


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Better.com's C-Suite Post Merger?

February 17, 2022
At one point, Selitto was Better's president, a title now held on an interim basis by CFO Kevin Ryan.
Read More
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