November 15, 2024By Brandon IveyCherry Hill REIT Shifts to Internal Management, Ditching MiddlemanThe REIT and Cherry Hill Mortgage Management, the external manager owned by Stanley Middleman, disagree about whether CHMI should pay an $18.4 million fee to terminate the external management agreement.
November 14, 2024By Brandon IveyCrossCountry Mortgage Hires Former PennyMac OfficialsThe three executives hired by CrossCountry previously held similar positions at PennyMac.
November 14, 2024By Brandon IveyShort Takes: LOs Shy Away From AI / Homeowners Consider Moving Post-Election / Home Tours Increase / InterLinc Ready to HireAmong LOs that knowingly use AI, the most cited use was for marketing efforts.
November 12, 2024By John BancroftShort Takes: Mixed Trends Among Agency MBS Issuers / Home Sales Expected to Increase / Provident Bank Hires Warehouse VP From Flagstar / Achieve Expands HELOC Offerings
October 24, 2024By Brandon IveyShort Takes: Mr. Cooper Growing and Shrinking / State Regulators Urge Mortgage Industry to Log In / Home Sales ‘Stuck’ / Expanded-Credit MBS From A&D
October 16, 2024By Brandon IveyShort Takes: Applications Drop / Home Price Reading for September / SBA Out of Funding for Disaster Loans / NYCB to Rebrand as Flagstar / Acra Brings MBS / PrimeLending Looking to Grow