CEO says company reduced staff as it focuses on expense management.
David Krechevsky was an editor at NMP.
CEO says company reduced staff as it focuses on expense management.
CEO calls results 'solid,' says GSE has built enough equity to withstand 'potential economic stress.'
Experts say housing industry will shrug off the latest increase.
Earnings also down 65.6% from the same quarter last year.
Approximately 60% of the loans pooled in the $489.8 million non-prime RMBS transaction are categorized as Non-QM.
Sales of new single-family homes fell 8.1% in June from May.
Cash-offer fintech expands to Louisville market with partner Finish Line Realty.
Company also agrees to cooperate with ongoing investigations of the title insurance industry.
Mike Pogorelec has over 14 years of management experience, with nine years in the finance industry.
CIRT transactions are the seventh and eighth executed in 2022.