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IMFnews

January 2, 2019

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Employee Satisfaction at the CFPB Plunges

A CFPB spokesperson said that 2018 was, no doubt, “a tumultuous year of great change.” Read More

Analysts Positive on VA’s Interim Rule on Cash-Out Refis, but…

The rule creates two types of cash-out refinances… Read More

Texas Capital’s Warehouse Business is Doing Well but Its Share Price is in the Dumps

Usually, Texas Capital doesn’t talk about its warehouse business, but EVP Jack Nunnery recently opened up a bit about what other warehouse lenders are saying… Read More

PennyMac Financial Cuts New Employment Deals with Top Officers

Kurland was given an annual base salary of $900,000 from Jan. 1 of this year until Dec. 31, plus cash and equity incentives. Read More

Loan Officer OT Pay Case Sent Back to Lower Court, Dealing a Blow to LOs

According to the ruling by the appeals court, Citizens pays its LOs $11.50 an hour along with commissions based on volume… Read More

Short Takes: A Government Shutdown-Related Reminder from Fannie Mae / A Fundraising Record for MBA’s MORPAC / Rising Worries, Falling Rates / Nervous / AI Gets a New (Annual) President

At press time, the yield on the benchmark 10-year Treasury was at 2.67 percent, the lowest reading in almost 12 months… Read More

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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