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EPM Countersues Over NASCAR Sponsorship

Jesse Iwuji Motorsports filed lawsuit in December seeking $4.1 million.

Courts
Illinois Suspends LO License Of Ex-Sprout CEO Michael Strauss

Has formed new company called Smart Rate Mortgage, based in Florida.

Regulation and Compliance
Non-QM
Feb 13, 2023
the interest
Let Others Help You With Diversity

Diversifying your staff takes effort, but it doesn’t have to feel like you’re starting from scratch.

Feb 13, 2023
NMP's The Principal
Deephaven Mortgage Names New Chief Operating Officer

Aaron Drago joins Non-QM lender from Guaranteed Rate.

Non-QM
People On The Move
Jay Farner Out As Rocket Companies CEO On June 1

Rocket Holdings Vice Chairman Bill Emerson will serve as interim CEO during search for new leader.

Operations
Hozoro Mortgage Hires New Vice President

Industry vet Nick Roberson will oversee business development & acquisitions.

People On The Move
Black Knight: Rate Lock Volume Rises In January

Increase was first since March 2022, ending nine consecutive months of declines.

Analysis and Data
Mr. Cooper Encouraged Despite 99% Drop In Q4 Earnings

CEO calls results 'exceptional,' outlines potentially 'unprecedented opportunity' in MSR deals in 2023-25.

Analysis and Data
GHMC Launches Borrower Application Portal 'GAssist'

Portal provides community banks, credit unions, and brokers with tools to better manage borrower expectations.

Tech