As Priorities Shift, CFPB Expands Attorney Roster May 19, 2022 Sam Manas The application window for CFPB attorney positions closed on May 16...Read More
Senate Confirms Gordon to Lead FHA. About That Premium Cut... May 12, 2022 Monica Hogan Now that Gordon has been plated, the lobbying for a premium cut begins...Read More
As Volumes Drop, Some Mortgage CEOs Take Home Less Pay May 10, 2022 Paul Muolo During the first quarter, Fairway transferred roughly $5.8 billion of mortgage servicing rights to new owners...Read More
Mortgage Jobs Dip in New Government Tally May 6, 2022 Paul Muolo While most industries are dying for workers, mortgage lenders have the opposite problem...Read More
A Pay Package of Almost $31 Million for loanDepot Chief Hsieh May 5, 2022 Paul Muolo The compensation package could raise eyebrows given that loanDepot’s share price fell to $2.83 Thursday morning.Read More
Another Fannie Mae Executive Departs: Jenney Shen, VP of Single-Family May 4, 2022 Paul Muolo At Fannie, Shen was responsible for relationships with the mortgage giant’s 1,500 seller/servicers.Read More
Mortgage Lenders Begin Layoffs. A Lot More on the Way... April 28, 2022 Sam Manas The veteran mortgage advisor believes lenders should be instituting more layoffs. Read More
Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed? April 28, 2022 Paul Muolo Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.Read More
Flagstar Posts a Profit in 1Q Amid Lower Volumes, GOS and Layoffs April 27, 2022 Paul Muolo One notable: The firm assigned an asset value of 131 bps to its mortgage servicing portfolio for the first quarter compared to 112 bps in 4Q21.Read More
Surprise: loanDepot Chief Hsieh Steps Aside as CEO but Will Remain as Executive Chair April 26, 2022 Paul Muolo LoanDepot noted Martell “will drive daily operations and lead the company’s diversified multi-channel mortgage origination model"...Read More
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