Personnel - Page 229 | Inside Mortgage Finance

Walter Posts $12.9 Million Loss for 2Q, Servicing Growth Anemic

August 11, 2014

Paul Muolo

At June 30, Walter/Green Tree serviced $235.2 billion in mortgages, almost flat compared to March 31.

Short Takes: Why is Galante Leaving FHA? / Not All Lenders are Suffering (Compared to Last Year) / Stonegate Has to Spend Money to Make Money / Caliber Hires Builder Chief

August 11, 2014

Paul Muolo

Stonegate Mortgage last week posted a meager second quarter profit of $300,000.

What We’re Hearing: Look Out Below Ocwen? / Look Out Below Nationstar? / Regarding Fannie and Freddie: Did Treasury Know Three Years Ago They Were Turning the Corner? / What Constitutes Being ‘Under Investigation’? / A HUD Official Comes Clean

August 1, 2014

Paul Muolo

Next week, Nationstar Mortgage reports its second quarter results. If the company misses the targets set by investment bankers, it could be a blood bath…

MBA Pushing for Expansion of LO Testing to Bank Employees

July 31, 2014

Brandon Ivey

The changes sought by the MBA would also allow mortgage loan officers at banks to more easily transition to working for nonbanks.

Another Top Executive Departs Nationstar: Chief Compliance Officer Tankersley

July 30, 2014

Paul Muolo

Not only is Nationstar Mortgage one of the most shorted stocks in the sector, but it seems to be having quite a bit of turnover in the executive suite.

Short Takes: Todd Rundgren Takes on JPM / Jumbo Production Jumps 37% at EverBank / HAMP Processing Slows – A Lot / FHFA’s Watt to Take HARP Road Show to Atlanta / More Executive Changes at Flagstar

July 30, 2014

Brandon Ivey, Paul Muolo, and Charles Wisniowski

Hello, It's Me Again: Your foreclosure notice.

Will Bank of America Ever Mend Fences With Fannie Mae?

July 29, 2014

Paul Muolo

The Fannie-BofA squabble was tied to repurchase claims surrounding the bank’s legacy book of business, largely involving loans produced by Countrywide Financial and Merrill Lynch.

Short Takes: Two Harbors Hits Market with a New Jumbo MBS / CFPB Targets Great Lakes Area Mortgage Lender / Happy (?) Third Birthday CFPB / Shorts Target Stonegate Mortgage / New Duties for BofA Mortgage Chief

July 29, 2014

Paul Muolo

Surprise: Two Harbors is preparing a new jumbo MBS deal. It looks like the bond will be issued in early August...

Short Takes: A Kinder and Gentler FHA? / A Rapidly Improving MMIF? / CFPB and FTC Target Loan Modification Scammers / A Continuing Decline in Underwater Homes / MGIC CEO Culver to Retire

July 24, 2014

Paul Muolo, Sherry Muolo, and Thomas Ressler

Or perhaps the FHA is concerned that the private mortgage insurance industry will continue to gain market share at its expense?

Signing Bonuses for Loan Officers: $20k to $30k, Or Even More

July 21, 2014

Sherry Muolo

A signing bonus for an LO sounds nice, but keep in mind that a lender has to find a way to pay for that bonus, which could result in an increase in pricing.

Personnel
RSS

Walter Posts $12.9 Million Loss for 2Q, Servicing Growth Anemic

Short Takes: Why is Galante Leaving FHA? / Not All Lenders are Suffering (Compared to Last Year) / Stonegate Has to Spend Money to Make Money / Caliber Hires Builder Chief

What We’re Hearing: Look Out Below Ocwen? / Look Out Below Nationstar? / Regarding Fannie and Freddie: Did Treasury Know Three Years Ago They Were Turning the Corner? / What Constitutes Being ‘Under Investigation’? / A HUD Official Comes Clean

MBA Pushing for Expansion of LO Testing to Bank Employees

Another Top Executive Departs Nationstar: Chief Compliance Officer Tankersley

Short Takes: Todd Rundgren Takes on JPM / Jumbo Production Jumps 37% at EverBank / HAMP Processing Slows – A Lot / FHFA’s Watt to Take HARP Road Show to Atlanta / More Executive Changes at Flagstar

Will Bank of America Ever Mend Fences With Fannie Mae?

Short Takes: Two Harbors Hits Market with a New Jumbo MBS / CFPB Targets Great Lakes Area Mortgage Lender / Happy (?) Third Birthday CFPB / Shorts Target Stonegate Mortgage / New Duties for BofA Mortgage Chief

Short Takes: A Kinder and Gentler FHA? / A Rapidly Improving MMIF? / CFPB and FTC Target Loan Modification Scammers / A Continuing Decline in Underwater Homes / MGIC CEO Culver to Retire

Signing Bonuses for Loan Officers: $20k to $30k, Or Even More

Latest Imf News

Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

Michigan Bank Changes Mind on Unloading Warehouse Unit

Value of Bank MBS Turns Higher in 3Q24

Freedom CEO Isn't Worried About a Trump-Effect on FHA, VA

Featured Data

Refinance Volume in GSE MBS Jumps in October

Nonbank Earnings Pummeled by MSR Losses in 3Q

Correspondents Gain Agency Market Share in Third Quarter

Second-Level MBS Issuance Slows in 3Q, CMO Down

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

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?

Personnel RSS

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