Non-QM specialist Samuel Bjelac exits role with Lending One to return to Carrington Mortgage Services as the company’s new SVP of National Sales for Third-Party Origination.
Read More »National Property Preservation Conference Returned to Washington, D.C.
The annual National Property Preservation Conference once again brought together a cross-section of field services vendors, mortgage servicing professionals, and representatives of government agencies and the GSEs to “discuss pressing issues and develop solutions.”
Read More »Newrez Launches Onward Home Mortgage
National mortgage lender and servicing organization has established a new joint venture, lender Onward Home Mortgage, through the Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group.
Read More »Fay Financial Adds Stephen Thomas to Its Board of Directors
Newest Board member of Fay Financial brings 30 years of experience in residential mortgage, community banking, affordable housing, and diversity and inclusion initiatives to his new role.
Read More »Timothy Saunders Named Angel Oak’s General Counsel
Former Goldman Sachs executive to be responsible for managing all of Angel Oak’s legal affairs and regulatory compliance measures.
Read More »Overcoming Industry Headwinds
An upcoming Five Star Institute Webinar will delve into the landscape of the mortgage industry over the next 12 months, including a possible rise in home equity loans, a decrease in savings, increased credit card usage, and overall consumer weariness, among other topics.
Read More »Debt as Diversification
Louis Amaya of PEMCO Capital Management explains how to bolster your margins via non-performing loans and real estate-owned assets as alternative asset anchors.
Read More »The Loan Store Acquires Homepoint’s Wholesale Operations
A nine-year participant in the originations market, Homepoint has announced the sale of certain assets of the company’s wholesale origination channel to national wholesale lender The Loan Store Inc.
Read More »Court Grants Class Certification in Case Challenging Buyer Broker Commissions
A judge in the U.S. District Court for Northern Illinois has granted plaintiffs class certification in an antitrust suit against NAR that challenges home sellers paying the commissions of real estate agents representing homebuyers.
Read More »Economic Unrest Pushes Mortgage Rates Downward
In a week of turmoil in the economic markets as the FDIC was named receiver of two banks, Freddie Mac reported the fixed-rate mortgage retreated 13 basis points, ending a five-week run of increases.
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