Personnel - Page 218 | Inside Mortgage Finance

In 2015, Half of All CFPB Staffers Will be in Supervision, Enforcement or Fair Lending

December 10, 2014

Compared to two years ago, staffing levels at the CFPB have increased a whopping 55 percent. Of course, Congress has no say over the agency’s budget.

Nonbank Trade Group Wants Depository Parity on Loan Officer Testing, More

December 10, 2014

Paul Muolo

The new plea from the CHLA comes at a time when depositories are losing origination market share to fast growing nonbanks like Freedom Mortgage, United Wholesale Mortgage and others.

Short Takes: Are Investors Done Selling Ocwen’s Stock? / Who Might DocMagic Buy Next? / How is CitiMortgage Like Ocwen? / CFPB Budget Rises / Fannie Mum on Reinsurance Partners

December 10, 2014

Brandon Ivey, Paul Muolo, and Thomas Ressler

But is DocMagic president and CEO Dominic Iannitti done buying? Stay tuned…

Short Takes: A Bond Backed by 10-Year-Old Alt A Loans / CalCap Expands into Arizona / Ocwen Gives a Nice Raise to CFO / A No PMI Loan From Stonegate / Sherwood Gets Prez Job at NMI

December 9, 2014

Brandon Ivey and Paul Muolo

Ocwen Financial, whose stock has been clobbered this year, recently increased the base salary of its chief financial by $50,000...

Short Takes: CFPB Examining Pre-Approval Letters Now? / CFPB ‘Consumer Narratives’ Still an Issue / Caliber Loosens Credit Even More / The Lawsky Question / FHA Weighs in on Loan Limits

December 8, 2014

Brandon Ivey, Paul Muolo, and Thomas Ressler

Industry advisor Joe Garrett said in a client note he knows of a lender that had its pre-approval letter scrutinized by the CFPB.

Appraisal Management Companies and AVMs Set to Face More Scrutiny

December 5, 2014

Thomas Ressler

The pending AMC and AVM rules are designed to protect against the manipulation of data and much more.

What We’re Hearing: National Lender Gives Up Profits for Volume? / Too Many Buyers and Not Enough Sellers? / A Hot Topic of Conversation: Nonbank Capital Standards / Another REIT Spin-off?

December 5, 2014

Paul Muolo

Is there anything wrong with conducting a mortgage sale? Of course not, but by giving up profits...

Mortgage LO Overtime Pay Hangs in the Balance as Supreme Court Hears Arguments

December 4, 2014

Thomas Ressler

The MBA’s legal counsel tried to begin by focusing on the dividing line between interpretative rules and legislative rules, but soon found herself having to defend the trade group’s support for the DOL’s original 2006 position.

Richey May: Two-Thirds of Mortgage Firms Added Staff in 3Q14

December 4, 2014

Paul Muolo

The fourth quarter of 2014 is turning out to be decent in terms of applications and pipelines.

Short Takes: Origination Profits Down 6 Percent / Black Knight: Foreclosure Inventory Continues to Head South / Underwater GSE Inventory / Purchase-Money Stand-Outs According to IMF / UWM Names Chief Digital Officer

December 4, 2014

Paul Muolo

If you’re looking to buy a foreclosure for a quick “flip,” you might want to act quickly. Inventory is shrinking rapidly...

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In 2015, Half of All CFPB Staffers Will be in Supervision, Enforcement or Fair Lending

Nonbank Trade Group Wants Depository Parity on Loan Officer Testing, More

Short Takes: Are Investors Done Selling Ocwen’s Stock? / Who Might DocMagic Buy Next? / How is CitiMortgage Like Ocwen? / CFPB Budget Rises / Fannie Mum on Reinsurance Partners

Short Takes: A Bond Backed by 10-Year-Old Alt A Loans / CalCap Expands into Arizona / Ocwen Gives a Nice Raise to CFO / A No PMI Loan From Stonegate / Sherwood Gets Prez Job at NMI

Short Takes: CFPB Examining Pre-Approval Letters Now? / CFPB ‘Consumer Narratives’ Still an Issue / Caliber Loosens Credit Even More / The Lawsky Question / FHA Weighs in on Loan Limits

Appraisal Management Companies and AVMs Set to Face More Scrutiny

What We’re Hearing: National Lender Gives Up Profits for Volume? / Too Many Buyers and Not Enough Sellers? / A Hot Topic of Conversation: Nonbank Capital Standards / Another REIT Spin-off?

Mortgage LO Overtime Pay Hangs in the Balance as Supreme Court Hears Arguments

Richey May: Two-Thirds of Mortgage Firms Added Staff in 3Q14

Short Takes: Origination Profits Down 6 Percent / Black Knight: Foreclosure Inventory Continues to Head South / Underwater GSE Inventory / Purchase-Money Stand-Outs According to IMF / UWM Names Chief Digital Officer

Latest Imf News

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Featured Data

Refinance Volume in GSE MBS Jumps in October

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IMF Mortgage Directory: Full interactive database

Featured Poll

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