July 2, 2020By Paul MuoloMortgage Bankers Cut Jobs in May While Brokers Added PositionsLoan brokers, on the other hand, added 1,100 full-timers in May, bringing their employment count to 93,700. Over the past 12 months, brokerage firms have added 8,500 workers.
July 1, 2020By Paul MuoloShort Takes: FoA Looks to Buy Servicing / A Problem: Origination Capacity / A Dip in Applications / Wanted: Larger Homes / A New CD for CHLAFinance of America sees an opportunity in mortgage servicing rights...
July 1, 2020By John BancroftRemaining Strong in June: Fannie, Freddie MBS IssuanceRefinance activity continued to drive Fannie/Freddie MBS issuance, but purchase-mortgage activity has still not caught fire...
June 30, 2020By Brandon IveyGinnie Sets Restrictions Aimed at 'Strategic Buyouts' of Delinquent Mortgages
June 26, 2020By Paul MuoloShort Takes: The Good … and the Bad / Almost (Mortgage) Heaven: West Virginia / Customer Service Takes a Backseat? / What's for Dinner?