When it comes to pandemic-related bailouts, the Fed is running the table. But the mortgage industry would like to hear something concrete on servicer liquidity.
Warehouse credit flows downhill: from the financier to the nonbank lender to the consumer. But with the pandemic stoking new economic fears, some providers are tightening their standards, like market leaders JPM and FH.
Layoffs? Don’t tell that to loanDepot. In a press statement earlier in the week, company founder and CEO Anthony Hsieh pledged to hire 3,000 employees by the end of 2020…