Fix-and-Flip Player Anchor Has a New CEO February 24, 2023 Paul Muolo Mathoda’s resume includes stints at Genesis Capital and McKinsey & Co.Read More
The Job Cuts Keep Coming: Wells Reveals Additional Layoffs in Mortgages February 22, 2023 Paul Muolo How many workers were let go is unclear...Read More
Short Takes: FHA MIP Cut to be Announced Wednesday / How M&A Can Pay Off (American Pacific) / The Farner Revelation / Timing / So Long, Subservicer / Deephaven’s New COO Hails From GR February 21, 2023 Paul Muolo The Piper report notes, “A change at the CEO level prior to a pending earnings announcement presents some consternation"...Read More
Rocket CEO Farner to Retire; Nonbank Looking for New Leader February 13, 2023 Brandon Ivey Bill Emerson will serve as interim CEO of Rocket companies.Read More
Hsieh's Latest Revelation: I Was Fired by the loanDepot Board February 9, 2023 Paul Muolo loanDepot insiders have been dumping their stock in the lender. But not Hsieh.Read More
JPM Confirms Mortgage Layoffs, Hopes to Redeploy Workers February 9, 2023 Paul Muolo Chase is the nation’s third-largest retail home lender overall....Read More
Short Takes: A Tough Quarter for Mega REIT / Annaly Will Trim Dividend / Opportunistic / Better.com Update / NBA Owner Ishbia February 9, 2023 Paul Muolo The Suns new owner: mortgage banker Mat Ishbia...Read More
Director Battles Ensues, loanDepot Founder Hsieh Steps Down as Exec Chairman February 8, 2023 Paul Muolo Hsieh will step down as "executive" chairman, but will retain a chairman title. loanDepot did not provide any color on his duties.Read More
AmeriSave and Its Former Employees Head to Arbitration February 3, 2023 Sam Manas The laid-off workers filed their lawsuit in November...Read More
More Banks Expected to Pull the Mortgage Plug February 2, 2023 Paul Muolo Rest assured, additional restructuring moves and departures are in the works.Read More
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