Angel Oak REIT Appoints New CEO, Williams Departs September 29, 2022 Paul Muolo Morgan Stanley controls a large chunk of Angel Oak's shares...Read More
CoreVest Senior Leaders Depart Three Years After Acquisition September 27, 2022 Brandon Ivey In other company changes, the REIT promoted Fred Matera to chief investment officer.Read More
Short Takes: The Formula for Survival / Rates, A Historical Perspective / Bullish on MBS REITs / MSRs for Sale / AGMIT Gets a New CEO September 23, 2022 What might a 7% conventional mortgage do to the housing and mortgage markets? 8%?Read More
LO Signing Bonus Turns Heads. $2 Million? Really? September 16, 2022 Monica Hogan It seems like a lot of money to pay in tough times...Read More
Wall Streeter Gets Top Risk Job at Fannie Mae September 16, 2022 Paul Muolo Moon also has worked for GE Capital, Bank of Tokyo Mitsubishi and Bankers Trust.Read More
Another Senior Hire for loanDepot September 14, 2022 loanDepot, like most lenders, is trying to right-size its operations...Read More
A Summer Full of Mortgage Job Losses... September 14, 2022 Paul Muolo Some of Sprout's West Coast staff found jobs at Acra Lending...Read More
Executive Pay Hit Hard in 2021; loanDepot's Hsieh the Top Earner September 12, 2022 Paul Muolo After Hsieh, Patti Cook, CEO of Finance of America, was the highest paid executive among the nation's publicly traded nonbanks.Read More
Sprout Mortgage’s West Coast Team Finds a New Home September 7, 2022 Paul Muolo Sprout's owner presently is trying to sell his penthouse on Park Place in Manhattan for $26.5 million...Read More
Another Month, Another Reduction in Mortgage Jobs. Home Point Trims Staff… September 2, 2022 Paul Muolo For the cycle, mortgage banking employment peaked in June 2021 at 297,600 positions...Read More
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