CUNA Mutual Product Covers Mortgage Payments in Event of Death, More June 26, 2015 Sherry Muolo If a borrower becomes disabled and then involuntary unemployed, homeowners can piggyback one benefit onto the other, according to Arenz.Read More
Short Takes: Baker Street Likes Walter / A Share Price Rebound / BKFS: Delinquencies and Foreclosures Rise / Another Departure at Flagstar / More Trouble for Wingspan June 24, 2015 Paul Muolo and Sherry Muolo Flagstar is losing its chief legal officer...Read More
Mortgage Applications Inch Up, ARMs Post Best Reading Since Late 2014 June 24, 2015 Sherry Muolo Meanwhile, the FHA share of the application market fell slightly to 13.9 percent...Read More
Short Takes: More Relief from FHA? / Another Mortgage Co. Purchase by Blackstone? / MBA Less Bullish About 2016 / CFPB Unearths Dual-Tracking / A New Prez for Flagstar’s Mortgage Unit June 23, 2015 Paul Muolo and Sherry Muolo Apparently, the Blackstone Group recently closed on yet another mortgage company purchase...Read More
In 2015, JPM Will Hire Mortgage Workers, Wells Mum December 30, 2014 Paul Muolo and Sherry Muolo According to figures compiled by Inside Mortgage Finance, Wells Fargo was the nation’s largest home lender in the third quarter with $49.95 billion. JPM was a distant second.Read More
Mortgage Loan Officers Continue to be in Demand December 30, 2014 Paul Muolo and Sherry Muolo The general consensus among those interviewed is that nonbanks will be more aggressive in their recruiting than depositories.Read More
Short Takes: How Much Do Loan Officers Earn? / The Lending Club is Worth What? / $17.6 Trillion In Untapped Equity / Wild Stock Market Effecting Homebuyers? December 29, 2014 Paul Muolo and Sherry Muolo Of that amount, $9.9 trillion is mortgaged, according to Inside Mortgage Finance, which means consumers have untapped equity of $17.6 trillion. Read More
Quicken Has Big Hiring Plans for 2015, Including 1,400 Paid Interns December 24, 2014 Paul Muolo and Sherry Muolo It’s anticipated that in the coming year nonbanks will continue to steal production market share away from depositories.Read More
Redfin: Fewer Bidding Wars for Homes in 2014 December 23, 2014 Sherry Muolo Redfin noted that fewer homes sold in under two weeks this year.Read More
Single-Family Rental Investors Sitting on Large Gains: RealtyTrac December 22, 2014 Sherry Muolo The nascent single family rental industry is at a crossroads in terms of future growth and long-term staying power...Read More