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Mike Cagney's Figure lays off 20% of staff amid IPO plans

National Mortgage
Mortgage Finance
3 years ago

Figure's lending business hit a record $900 million in volume during the second quarter and reached $83.5 million in revenue,.. Read More;

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PennyMac profitable in 2Q despite servicing rights hit

National Mortgage
Mortgage Finance
3 years ago

PennyMac Financial Services has room to grow in both the correspondent and wholesale channels, even as both of those reported,.. Read More;

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Western Asset Mortgage Capital close to axing merger with TPT

National Mortgage
Mortgage Finance
3 years ago

Western Asset Mortgage Capital Corporation is considering dropping out of its merger agreement with real estate investment firm Terra Property,.. Read More;

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Regulators issue guidance on Fed discount window, emergency borrowing

National Mortgage
Mortgage Finance
3 years ago

The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency Friday issued a guidance to,.. Read More;

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Lender admits guilt in fraud case involving bogus IPO

National Mortgage
Mortgage Finance
3 years ago

An Orange County, California, correspondent lender pleaded guilty to fraud this week after bilking an investor of $5.3 million with,.. Read More;

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Capital proposal may drive banks further away from mortgages

National Mortgage
Mortgage Finance
3 years ago

A divisive capital proposal released Thursday could lead banks with $100 billion or more in assets to further distance themselves,.. Read More;

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Redwood foresees proposed bank rules boosting jumbo opportunity

National Mortgage
Mortgage Finance
3 years ago

The proposed bank capital rule changes could create further opportunity for Redwood Trust when it comes to non-agency mortgages, company,.. Read More;

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Consumer direct cuts can save top producers: Stratmor

National Mortgage
Mortgage Finance
3 years ago

Lenders shaving costs don't have to antagonize their top performers. Instead, a new expert perspective suggests an efficient, low-impact cut,.. Read More;

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Buyer demand down 18% as rates increase - Zoopla Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

,.. Read More;

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Mixed bag of lender rate changes: Moneyfacts Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

,.. Read More;

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HMRC property figures show annual drop of 9% Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
3 years ago

,.. Read More;

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Property tax appeals spike in rural areas outside D.C.

National Mortgage
Mortgage Finance
3 years ago

Death and taxes may be the only two certainties in life, but the sharp rise in home prices over the,.. Read More;

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