A blowout 3Q16 for residential originations and MBS issuance?

As mortgage firms plan their budgets for next year, executive talent is in demand...

The compensation plan is available to LOs of Atlantic Bay who originate more than $14.0 million in retail loans in a calendar year.

Maybe calling a delinquent borrower 12 times a day is too much...

Atlantic Bay Mortgage Group recently started offering its loan originators a unique option in terms of compensation: a share of the servicing fee. More than 90 percent of loan originator compensation plans are based on an LO’s volume, according to surveys conducted by Stratmor Group. Atlantic Bay’s Progressive Earnings Plan allows LOs to earn an annuity stream of income from mortgages when the lender retains the servicing. Rebecca Chaney, a senior executive vice president of legal affairs at Atlantic Bay, likened...

Apparently, not everyone is a fan of low rates. Take Donald Trump, for instance...

Founded by former Goldman Sachs executive Donald Mullen, Pretium Partners bills itself as a specialized investment management firm with roughly $6.5 billion of assets under management.

Some of the nation’s largest originators – including Quicken Loans, United Wholesale Mortgage and Freedom Mortgage – are reporting record originations for August, a boom that’s also resulting in headaches industry-wide: namely appraisal and underwriting delays. At this point, few are describing the delays as a crisis, but with September half over, certain originators fear that longer closing times will eat into profits while angering borrowers. “I have...

One mortgage branch manager described the underwriter shortage as a “big time” problem.

Ocwen gets an upgrade, but there are doubters...