Advertisement
Get the Daily
Advertisement
All
Coming Up:
loanDepot Dumping Brokers, Exits Wholesale
The second-largest retail mortgage lender has cut nearly 4,000 jobs since the end of last year and will close its wholesale business.
SEC: Angel Oak Capital Advisors Misled Investors
Company, portfolio manager agree to pay $1.825M combined in civil penalties.
Inflation Taps Brakes In July, YOY Increase Dips To 8.5%
Consumer Price Index also was unchanged in July from June.
MBA: Mortgage Applications Increased Last Week
Applications increased .02%
Angel Oak's New Hire To Focus On Correspondent Lending
Daniel Sheehy brings over 30 years of sales and management expertise in the mortgage industry.
Angel Oak Mortgage Reports Second Straight Quarterly Loss
Non-QM lender reported net loss of $52.1 million.
Brad Lawson, The Mortgage Broker, The Leader and Mentor
Get into Brad’s journey from how he got into the business, to finding his management style and finding the perfect partner to compliment his skills.
July 2022 Funded Mortgage Volume Decreased 53% From 2021
Curinos’ latest ‘Mortgage Hot Topics’ data, released on August 4, revealed that funded volume in the retail channel was down 57%.
loanDepot Dumping Brokers, Exits Wholesale
As company reports second straight quarterly loss, it announces plans to exit its wholesale business by Oct. 31, 2022.
The Money Store Appoints New Chief Operations Officer
Jeff Carter has extensive experience at top mortgage companies.