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Automation, Non-QM products; LD,Notarize,Cypress, and UWM in the News; Disaster Updates; CPI and Rate Volatility

Big and small, they aren’t the first and won’t be the last. Residential lenders everywhere are ruminating on Notarize laying off 75 percent of its legal staff, the closure of fledgling correspondent Cypress Mortgage Capital, “powered by Celebrity Home Loans,” and the announced winddown and shutdown of loanDepot’s wholesale channel, effective by Halloween, along with dramatic cuts to its retail division. Frank Martell took LD’s helm in April, and announce...
United States New Mexico Freddie Mac Anjelica Nixt Lisa Livingston Joe Shalaby

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