The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

InvestmentsPeople Movers

Citigroup appoints former Freddie exec COO of mortgage unit

Citigroup (C) appointed top Freddie Mac executive Anthony Renzi as chief operating officer of its North American mortgage business, according to Reuters.

Renzi, who headed Freddie’s single-family home business, will leave the company on May 11. Before joining Freddie, he worked at GMAC Mortgage for 25 years.

Citigroup is the third largest U.S. bank and is in a rebuilding period as it suffers from declining home prices.

The bank reported first-quarter earnings of $2.93 billion, or 95 cents a share, down 2% from a year earlier when it earned $2.99 billion, or 99 cents a share.

Analysts expected the New York-based bank to earn $1.01 a share, according to Zack’s Investment Research.

— Justin T. Hilley

 

 

Latest Articles

Refis stubbornly make a bit of a comeback

The week following Labor Day saw a flurry of mortgage loan application activity, with volume jumping by 4.9% for the seven days ending Sept. 17, according to the MBA. Refis were on the front foot again.

Sep 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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