Personnel - Page 268 | Inside Mortgage Finance

Allonhill CEO Diana Mead Departs Due Diligence Vendor

March 11, 2013

Due diligence provider Allonhill LLC loses its CEO Diana Mead.

Short Takes: More Layoffs in the Foreclosure Review Space / FHFA IG Says Higher Rates Could Hurt the GSEs / Genworth Shares Spike / Waiting for Godot and Fannie’s 4Q Earnings

March 11, 2013

More foreclosure review workers are set to lose their jobs. This time the layoffs are happening at Aurora Bank of Denver.

Nationstar Wins TBW Bid? / Agency MBS Takes a Breather in February / Mortgage Brokers Rock / Ed DeMarco, the Most Powerful Man in Mortgage Finance Today? / Broker Sheds Tears Over New Subprime Firm

March 8, 2013

Nationstar appears to be the winning bidder on the Taylor Bean & Whitaker MSR pacakge. Meanwhile: Ed DeMarco, the most powerful man in mortgage finance today?

Former Goldman Sachs Managing Director Launches Subprime Company

March 6, 2013

Paul Muolo

A former loan trader at Goldman Sachs has launched a new subprime mortgage company offering LTVs as high as 75 percent.

Short Takes: A 70-BP G-Fee May Lead to Private Conventional MBS / Impac’s Comeback Continues / Will Cordray Make the Cut This Time? / Ocwen Loses Chief Accounting Officer / MGIC, a Hot Stock

March 6, 2013

Brandon Ivey, Paul Muolo, and Thomas Ressler

Will a private conventional MBS market ever happen? If GSE g-fees keep rising, yes.

Turmoil at ASF as Board Members and Firms Quit Securitization Group

March 5, 2013

Brandon Ivey

The American Securitization Forum, a high profile trade group that focuses on MBS issues, is in turmoil with several of its board members quitting.

Short Takes: Does IBM Have the FHFA MBS Platform Contract? / New Penn Expands its Jumbo Products / Another Subprime Capital Raise? / Stonegate Hires Former Homeward Executive

March 5, 2013

Paul Muolo

Speculation is mounting that International Business Machines may have the contract to build the new single-platform MBS unit for FHFA.

GMH Hires GMAC Executive as SVP of National Production

March 4, 2013

Paul Muolo

GMH Mortgage Services, which is barely five years old, has hired GMAC veteran Frank DiMaio to run national sales.

Ocwen Says its Servicing Cost for NPLs is Dirt Cheap, India?

March 4, 2013

Paul Muolo

Ocwen's huge overseas workforce has allowed it to lower its servicing costs substantially, at least that's how it appears.

Yes, Subprime Lending is Finally Back / Will Fannie Post 4Q Earnings of $8 Billion? / FHA User Fees? / 17,000 FHA Loans to Hit the Auction Block / UGI Now # 1 / Wells Fargo Loses Top Regional Manager

March 1, 2013

Citadel Servicing has raised $200 million in capital to originate residential subprime mortgages. Does this mean subprime lending is "back"? Answer: yes and no.

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Allonhill CEO Diana Mead Departs Due Diligence Vendor

Short Takes: More Layoffs in the Foreclosure Review Space / FHFA IG Says Higher Rates Could Hurt the GSEs / Genworth Shares Spike / Waiting for Godot and Fannie’s 4Q Earnings

Nationstar Wins TBW Bid? / Agency MBS Takes a Breather in February / Mortgage Brokers Rock / Ed DeMarco, the Most Powerful Man in Mortgage Finance Today? / Broker Sheds Tears Over New Subprime Firm

Former Goldman Sachs Managing Director Launches Subprime Company

Short Takes: A 70-BP G-Fee May Lead to Private Conventional MBS / Impac’s Comeback Continues / Will Cordray Make the Cut This Time? / Ocwen Loses Chief Accounting Officer / MGIC, a Hot Stock

Turmoil at ASF as Board Members and Firms Quit Securitization Group

Short Takes: Does IBM Have the FHFA MBS Platform Contract? / New Penn Expands its Jumbo Products / Another Subprime Capital Raise? / Stonegate Hires Former Homeward Executive

GMH Hires GMAC Executive as SVP of National Production

Ocwen Says its Servicing Cost for NPLs is Dirt Cheap, India?

Yes, Subprime Lending is Finally Back / Will Fannie Post 4Q Earnings of $8 Billion? / FHA User Fees? / 17,000 FHA Loans to Hit the Auction Block / UGI Now # 1 / Wells Fargo Loses Top Regional Manager

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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