Lenders Improve Efficiency With Originations Increasing October 14, 2024 Paul Muolo Residential funders employed 184,000 full-timers at the end of August, down 12,600 from August 2023.Read More
Originations Are Up, But Sector Employment is Almost Flat October 7, 2024 Paul Muolo The good news: It was the highest residential lender jobs reading since March of this year...Read More
FHLBanks Receive Climate Change Directive From FHFA October 1, 2024 Dennis Hollier FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.Read More
Sizeable Pay Cuts for Some CEOs of Mid-Sized Nonbanks? September 30, 2024 Paul Muolo In some cases, CEO pay was cut in half at mid-sized nonbanks.Read More
Offshoring Mortgage Tasks: Not Just for Servicers September 23, 2024 James Dohnert Offshore labor can be used to prepare origination files for credit decisions by a licensed underwriter.Read More
Freddie Appoints Diana Reid as CEO September 10, 2024 Dennis Hollier The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.Read More
Mortgage Bankers, Brokers Add Workers September 9, 2024 Paul Muolo The rallying cry from UWM's Mat Ishbia: The "refi boom" has begun!Read More
Short Takes: It’s Getting Better All the Time? / 20% North of 6% / 25 BP? 50 BP Maybe? / Consumer Sentiment / A New Hire for MBA September 9, 2024 Paul Muolo On the horizon: A mini refi boom? Next week the FOMC meets...Read More
Short Takes: MSR Values Decline / Retention Performance Falters / Rocket Taps Former CEO of Sagent / Home Improvement Securitization September 4, 2024 Brandon Ivey MSR values are coming down as interest rates decline.Read More
Short Takes: Two Harbors Resignation / HomeLight Expands AI Tool / LoanDepot Adds to Equity Product Offerings August 29, 2024 Shannon Clark Two Harbors Investment Corp. executive is leaving for Granite Point Mortgage Trust.Read More
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