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
NYCB Unveils Massive Mortgage Restructuring Plan, Will Reduce Coverage by Almost 70% January 31, 2023 Paul Muolo In the fourth quarter, NYCB earned $172 million compared to $152 million in 3Q22...Read More
A New Permanent CEO for Nation's Largest Subservicer January 30, 2023 Paul Muolo Daras worked for Cenlar from 1985 to 1990 before departing as CFO to join Dime Bancorp.Read More
Radian Cuts Severance Deal With Departing CFO January 27, 2023 Paul Muolo "It's our goal is to fill this important position with the right candidate and the search is well underway," a company spokesman said.Read More
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
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