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Silvergate Capital Lays Off 40% Of Workforce

Layoffs announced after Silvergate Bank takes $8B hit related to failure of cryptocurrency trader FTX.

Operations
Jan 05, 2023
the interest
Is Rocket The Amazon Of The Mortgage Industry?

Does Rocket still see itself as a mortgage company, or something different?

Jan 05, 2023
NMP's The Principal
The Fed’s New Year’s Resolution: Stay The Course

Federal Bank of Minneapolis CEO offers thoughts on why Fed was wrong on inflation, and how to fix it.

Regulation and Compliance
Analysis and Data
Biden Signs New Law To Speed Or Waive Appraisals For VA Loans

The Improving Access to the VA Home Loan Benefit Act of 2022 was supported by the MBA.

Regulation and Compliance
Record Share Of Sellers Give Concessions To Buyers

'Buyers are asking sellers for things that were unheard of during the past few years.'

Analysis and Data
Jan 04, 2023
The Interest
Deephaven Hires New Managing Director, National Accounts

Tyler Bohn will be responsible for helping brokers and correspondents scale their Non-QM business.

Operations
One-On-One With Mike Fawaz About Moving Up At Rocket

What does he have planned now that he’s an executive vice president?

Jan 04, 2023
NMP's The Principal
Judge Grants UWM Partial Win In Ultimatum Lawsuit

AML’s declaration that the ultimatum violated antitrust law survived.

Industry News