Short Takes: Midwest RE Firm Buys Stake in CA Lender / A Comeback of Sorts / A Strong 4Q22 for Texas Capital / Messina Gets Another Title at Ocwen January 24, 2023 Paul Muolo Glen Messina gets the chairman's hat at Ocwen Financial...Read More
Short Takes: NASDAQ Reminds Aurora / Slim Chances? / Someone’s IPO? / The Last One Out the Door / Promotions at Rocket January 17, 2023 Paul Muolo Time is running out for Aurora and Better.com...Read More
Out at Blend: President Tim Mayopoulos, Two Other Executives... January 13, 2023 Dennis Hollier The former Fannie CEO will exit in the midst of a major restructuring for the mortgage fintech.Read More
Short Takes: A Tough Quarter for KB? / It’s All Relative / GOS Improvement, Maybe / More Cutbacks at Blend / Sachem’s CIO Departs January 12, 2023 Paul Muolo Sachem's CIO has resigned to pursue retirement and other opportunities...Read More
Short Takes: A Big (Wells) Surprise? Not Really… / The GSE Role / Who’s Next? / Rate Buydown Ramifications / Some Job Cuts at Rocket January 11, 2023 Paul Muolo and Brandon Ivey The downside to mortgage rate buydowns...Read More
Using Mortgage Wealth to Buy an NBA (and WNBA) Team... January 9, 2023 Paul Muolo The NBA need not worry about Ishbia's wealth...Read More
The YOY Mortgage Job Loss Tally: 41,700, With More to Come… January 6, 2023 Paul Muolo At the end of November, firms classified by the federal government as “real estate credit” had 250,200 full-timers on their payrolls.Read More
Crypto Bank Silvergate Finally Admits Its Exit from Warehouse Finance January 5, 2023 Paul Muolo Silvergate’s warehouse business was led by Elaine Batlis, who had been with the company since 2009...Read More
Lenders Strategize to Get Through a Tough First Half January 5, 2023 Paul Muolo Industry veteran Paul Rozo said his company, PRMG, is playing "the long game"...Read More
Short Takes: It’s All About the Burn / Company Valuations? / FoA’s Debt Nears Ugly / Crypto Warning / Silvergate Update January 4, 2023 Paul Muolo Former warehouse provider Silvergate Capital has seen its share price bounce recently...Read More
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