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Zacks: Brokerages Anticipate Finance Of America Companies Inc. (NYSE:FOA) to Announce $0.14 Earnings Per Share

Analysts expect that Finance Of America Companies Inc. (NYSE:FOA – Get Rating) will report $0.14 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Finance Of America Companies’ earnings. The lowest EPS estimate is $0.13 and the highest is $0.14. Finance Of America Companies reported […]
United States Raymond James Lender Services Morgan Stanley Credit Suisse Group Zacks Investment Research

Servicing, Accounting, Compliance, Sales Tools; Polly CEO Interview on Margin Compression

Greetings from wintry Chicago where mortgage rates, as they are across the nation, are back to May 2019 levels. Did you know that the name "Chicago" comes from either a Native American word for wild onion, or a striped skunk, depending on one’s mood. Here you don’t have to go too far for a wiener: There are more than 2,000 hot dog stands in the city of Chicago, more than the number of Burger Kings, McDonald's, and Wendy's restaurants in the city co...
New York United States Peter Schwartz Adam Carmel James Hooper John Burns

Lead Gen., Database, Tax Service, Non-Agency Products; Housing Starts and Building Permits Attract Attention

I received this from a loan officer in Michigan. “Forget the Serenity Prayer! Grant me coffee to change the things I can, and wine to accept those that I cannot.” There are tens of thousands of loan originators around the United States, primarily changing things for the better for their clients but recently some of them were caught taking a fraudulent continuing education class. Unrelatedly, one (former) Ohio Mayor claimed that ice fishing can lead to prostitution. Attorney Brian L...
United States Kelly Hebert Greg Richardson Sean Wilson Simplenexu Bryan Manwaring Cleveland Mester

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Fee Collection, MSR Acquisition Tools; Deep Dive into Recent Rate Moves; Capital Markets

Sometimes, someone unexpected comes into your life outta nowhere, makes your heart race, and changes you forever. We call those people cops. (Where did you think that was going?) There are always riddles and surprises out there (find the heart), but one is not originators helping borrowers create wealth through leverage and tax savings. Lenders are, in one sense, in the business of creating wealth. Whether it is helping someone buy a home that will appreciate over the long term, or helping them ...
United States Shelley Duffy Dave Vida Ashley Lockaby Curino John Sayre Brooke Anderson

Vendor Management, QC, Borrower Retention Tools; CX Strategy; Dave Chappelle and Affordable Housing

If you see someone buying candy, popcorn, and soda at the movies, they must be a drug dealer... There's no other explanation for that type of income! Yes, inflation is moving ahead, faster than most would prefer. A little is good, a lot is not, as we found out yesterday and as we’ve learned for the last several months. U.S. consumer prices jumped 7.5 percent year-over-year in January to hit a four-decade high. Of course, it's important to note that inflation differs across...
United States Freddie Mac Dave Chappelle Phil Rasori James Hooper Anjelica Nixt

FHA Jobs; Processing Efficiency Tools; TPO, Non-QM, Education Products; Consumer Inflation Pushes 10-year Past 2%

Everyone has a story about something they said or asked that they shouldn’t have. “When are you due?” is a good one, as is asking, “When did you turn 60?” when the person is only 55. But forecasters are out in force, saying things about interest rates they may, or may not, regret later. Analysts at Citigroup and Goldman Sachs, for example, expect an interest-rate increase likely forthcoming from the Federal Reserve to be less than the widely predicted half-per...
United States South Carolina San Diego Freddie Mac Paul Peters Matthew Dailey

Jumbo Buyer Wanted; Secondary, Sales, Origination, Processing Tools; Jumbo News Around the Industry

While brokers have taken note of UWM suing America’s MoneyLine for sending loans to Rocket and Fairway (remember UWM’s policy plainly stated last March), this week I head to Florida, which retirees humorously refer to as “God’s waiting room.” The state has its share of expected hot markets for 2022 per Zillow, as does the rest of the Sunbelt. Apparently, people in the northern climes are weary of the yearly weather cycle, and, as usual, expect to establish resi...
United States Carrington Process John Suter Anjelica Nixt Cleveland Mester Ellen Steinfeld

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