Personnel - Page 205 | Inside Mortgage Finance

Fast Growing Nonbank RPM Will Pay $19 Million to Settle Steering Allegations

June 4, 2015

Over the past year, RPM has been in the hunt to buy other mortgage companies, investment banking sources told IMFnews.

Short Takes: FHFA Official Spills the Beans on LPMI, More / But Comments Made Behind Closed Doors / Mortgage Applications Down Modestly / Loans With MI Have Good Closing Record / A New Hire for Clayton

June 3, 2015

Not only is the FHFA scrutinizing lender-paid mortgage insurance products, but the agency might require higher capital standards...

Short Takes: CFPB Fines of $1 Million a Day? / A Boon for Second-Lien Investors? / Billions of Dollars in HELOCs? / HARP Goes to Arizona / A New Hire for Hamilton

June 2, 2015

Brandon Ivey and Paul Muolo

According to one trader, secured nonperforming seconds sell in the secondary market for one penny on the dollar to 20 cents on the dollar…

Short Takes: Two Harbors Readies a Jumbo MBS / Available: A Large Pool of Subprime Loans? / LenderLive Buys Walz / A Done Deal: The Merger of Two FHLBs / A New Hire for ZAIS

June 1, 2015

Brandon Ivey and Paul Muolo

We understand that a large pool of nonprime mortgage loans is looking for a home...

What We’re Hearing: How Large Might Those TRID Fines Be? / A Jumbo Lender on Fire: loanDepot / Some LOs are Making $5 Million a Year? / And Now a Few (Mortgage) Words from George W. Bush / Ocwen, the ‘Trade’ of the Century? Huh?

May 29, 2015

Paul Muolo

“These are serious loan officers,” he noted. Just how serious? According to the show’s website, some of the top producing LOs in attendance earn between $500,000 and $5 million…

As Ocwen Shuts Houston Platform, Hiring in India (Overseas) Booms

May 28, 2015

Paul Muolo

In total, almost 72 percent of all Ocwen employees are domiciled overseas where labor costs are much cheaper.

Short Takes: Wells Fargo Now #2 in Iowa / Why We Really Need the CSP / What Does Fannie Mae Charge? / First Niagara Under HUD’s Microscope

May 28, 2015

John Bancroft, George Brooks, and Paul Muolo

The former analyst said Freddie has “an inferior security [MBS] necessitating the need for a lot of time and expense to create a common securitization platform…”

In Demand: LOs, Processors and Yes Mortgage CEOs

May 26, 2015

Paul Muolo

Another concern that has come up regarding employment is the graying of the mortgage executive suites.

Short Takes: The MSR Deals Keep Coming / New Home Sales Strong / USRES Signs Up Nonprime Lender / Overvalued Housing in Texas / Altisource’s Latest Hire

May 26, 2015

Paul Muolo

One new portfolio that came out for bid recently entails the transfer of $328 million of Fannie Mae receivables in Massachusetts.

What We’re Hearing: FHA Readies a Bromide? / Another FHA Lender May Sue HUD / Kudos for Quicken’s Bill Emerson / A Big M&A Deal Brewing? / At Least FBR’s Paul Miller is Optimistic

May 22, 2015

Paul Muolo

We understand that at least one other prominent FHA lender is contemplating filing a lawsuit against the government as well...

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Fast Growing Nonbank RPM Will Pay $19 Million to Settle Steering Allegations

Short Takes: FHFA Official Spills the Beans on LPMI, More / But Comments Made Behind Closed Doors / Mortgage Applications Down Modestly / Loans With MI Have Good Closing Record / A New Hire for Clayton

Short Takes: CFPB Fines of $1 Million a Day? / A Boon for Second-Lien Investors? / Billions of Dollars in HELOCs? / HARP Goes to Arizona / A New Hire for Hamilton

Short Takes: Two Harbors Readies a Jumbo MBS / Available: A Large Pool of Subprime Loans? / LenderLive Buys Walz / A Done Deal: The Merger of Two FHLBs / A New Hire for ZAIS

What We’re Hearing: How Large Might Those TRID Fines Be? / A Jumbo Lender on Fire: loanDepot / Some LOs are Making $5 Million a Year? / And Now a Few (Mortgage) Words from George W. Bush / Ocwen, the ‘Trade’ of the Century? Huh?

As Ocwen Shuts Houston Platform, Hiring in India (Overseas) Booms

Short Takes: Wells Fargo Now #2 in Iowa / Why We Really Need the CSP / What Does Fannie Mae Charge? / First Niagara Under HUD’s Microscope

In Demand: LOs, Processors and Yes Mortgage CEOs

Short Takes: The MSR Deals Keep Coming / New Home Sales Strong / USRES Signs Up Nonprime Lender / Overvalued Housing in Texas / Altisource’s Latest Hire

What We’re Hearing: FHA Readies a Bromide? / Another FHA Lender May Sue HUD / Kudos for Quicken’s Bill Emerson / A Big M&A Deal Brewing? / At Least FBR’s Paul Miller is Optimistic

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Personnel
RSS