LoanDepot pact points to option for funding in tough market
The uncommitted financing based on REO assets has some risks to manage, but can serve as a less expensive borrowing source as mortgage business strains grow.
Leo Pareja named CEO of AGNT, Glenn Sanford steps down
After 17 years of building the business, Sanford said AGNT can now run without his direct involvement
Mortgage rates keep spiking, but could ease by year-end
The 30-year fixed rate mortgage increased 12 basis points this week, following a 25 basis point gain seven days prior, as Treasury yields stay elevated.
Pamela Heman
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