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David Krechevsky

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David Krechevsky was an editor at NMP.

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1486 results
U.S. Job Growth Slowing Gradually

Adds 263,000 jobs in September; unemployment rate dips to 3.5%

Oct 07, 2022
loanDepot Does It Again: Cuts Funding Capacity By $500M For 3rd Time

The nation's second-largest retail nonbank lender has now cut $1.5 billion in capacity since mid-August.

Oct 07, 2022
Fitch Assigns Expected Ratings To Non-QM Offering Verus 2022-8

The residential mortgage-backed notes are supported by 748 loans with a balance of $471.3 million..

Oct 06, 2022
Keller Mortgage Reduces Staff For 2nd Time In 2022

Affiliate of real-estate franchiser Keller Williams says cuts were a result of 'macroeconomic' conditions.

Oct 06, 2022
Mortgage Rates Post 1st Decline In 7 Weeks

Ongoing economic uncertainty cited as 15-year and 30-year fixed rates fall.

Oct 06, 2022
Pennymac TPO Introduces POWER+ Broker Platform

Wholesale lender says platform reduces processing time from loan creation to credit submission by as much as 40%.

Oct 06, 2022
While Cutting Funding Capacity By $1B, loanDepot Execs Get Raises

2 top executives receive boosts to base salaries from lender that has eliminated nearly 4,000 positions this year.

Sharp Decrease In Demand Driving Housing Market Cooldown

HouseCanary Market Pulse reports finds big increases in home listings being removed, price drops.

Oct 05, 2022
FHA Wants Input On Smaller-Balance Mortgages

Agency seeks industry input as a starting point to encourage greater origination of small-balance mortgages for FHA insurance.

Mortgage Applications Hit 25-Year Low

MBA Market Composite Index fell 14.2% last week to the slowest pace since 1997.

Oct 05, 2022