Fix-and-Flip Lender Pays 6% for Five-Year Paper December 15, 2021 Paul Muolo The fix-and-flip market has been red hot the past five years, but...Read More
Short Takes: The Future of Fannie and Freddie? / Not Anytime Soon / Finally, Ginnie Gets a Permanent President / Trying to Prevent Money Laundering Through RE December 15, 2021 Paul Muolo and Sam Manas How to prioritize the future of the government-sponsored enterprises?Read More
Slow but Steady Growth for the Subservicing Sector December 14, 2021 Paul Muolo The biggest issue for the sector rests on the future of market leader Cenlar FSB, which in October was sanctioned by the OCC...Read More
Short Takes: Eyes on Aurora / The Debt Wheel / Warehouse Observation / NY AG’s New Mortgage Review Unit / A Promotion at Texas Capital December 14, 2021 Paul Muolo and Sam Manas For some, the profit tide is turning...Read More
Garg's Departure Was Somewhat Predictable, Says Consultant December 13, 2021 Paul Muolo The memo also reveals the board has hired an independent third-party firm to “do a leadership and cultural assessment” of the originator.Read More
Short Takes: No Word From Aurora / Stock Price Check / Starwood’s Debt Plans / Concessions and Profits / A New LO Hire for New England Lender December 13, 2021 Paul Muolo A decline in price for Aurora's stock...Read More
A Handful of Lenders Trim Staff. The Beginning of a Trend? December 10, 2021 Paul Muolo Residential funders are beginning to cut costs, holiday season or not. Just how bad might it get?Read More
Garg Out (for Now) as CEO of Better.com; Review Under Way December 10, 2021 Paul Muolo A public company, Aurora, meanwhile, filed no notice with the SEC on Garg’s departure.Read More
Ginnie Mae EBOs Starting to Look a Bit Rich? December 10, 2021 Paul Muolo Tad Dahlke of RAMS Mortgage Capital said buyers and sellers are becoming more selective...Read More
An MBS Offering That Includes ‘Open’ HELOCs December 10, 2021 Paul Muolo FICO scores on the underlying mortgages range from 659 to 757...Read More