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Home » Topics » Inside Mortgage Trends » Employment

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Maybe It’s Time to Buy Retail (Branches)?

November 18, 2022
Paul Muolo
It's a tough origination market, that's for sure. But when times are tough, opportunities can present themselves. Is now a time to buy retail branches from shops that are struggling? If the price is right, yes.
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Court Finds D&O Insurance Covers FCA Settlement

October 7, 2022
Sam Manas
In an insurance claim dispute resulting from Guaranteed Rate’s settlement with the DOJ involving the False Claims Act, a court said Ace American Insurance Company has to pay the lender for the cost of the settlement.
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An Ugly Summer for Mortgage Jobs as Rates Rise

September 9, 2022
Paul Muolo
Although the nation’s job numbers look exceeding bright, all is not well with the mortgage industry where the job shedding machine is working overtime.
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How Bad Might the Mortgage Layoff Picture Get?

July 15, 2022
Paul Muolo
Last year was a record year in terms of loan production at $4.4 trillion. But oftentimes, when you have a boom, there’s an ugly hangover in the form of job cutbacks. How bad might it get?
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More Mortgage Job Losses, but Not Quite an Avalanche

May 20, 2022
Paul Muolo
It’s no secret that mortgage bankers and brokers are cutting workers as lending ebbs in a much higher rate environment. But with the exception of Better.com, the layoffs have not been huge. Yet.
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April is the Cruelest Month — For Mortgage Layoffs

April 22, 2022
Paul Muolo
When poet T.S. Eliot wrote those immortal words about spring, he wasn’t thinking about the home-finance sector. But company headcounts are being reduced as shops plan for leaner days ahead.
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Plenty of Mortgage Layoff Talk but Few Hard Numbers

April 7, 2022
Paul Muolo
Mortgage bankers far and wide are trimming employees as interest rates continue to rise and refinance wane. But industry employment figures look benign. How can that be?
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Is Better.com’s Layoff a Harbinger of Looming Crisis?

March 11, 2022
Paul Muolo
As the origination cycle begins to turn, home lenders have a decision to make: How far and how fast should we cut?
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Headed for a Correction: Lending Payrolls

February 11, 2022
Paul Muolo
The mortgage employment boom of 2020-2021 is drawing to a close. One ray of hope for the recently laid-off: the non-QM sector.
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Grapevine: Employees Prefer WFH; Figure Revises Bank Charter Application

January 14, 2022
Brandon Ivey
The connection between work from home and productivity; Supreme Court blocks vaccine mandate for larger employers; Figure revises bank charter application; parent of Texas Capital Bank launches broker dealer.
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Latest Imf News

  • Mortgage Buyback Activity at Banks Down Somewhat in 3Q

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  • Nonbanks Post Small Drop in Mortgage-Banking Income

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