In the mid-2000s Orange County, California, was subprime Mecca. Just about every major subprime firm (and wannabe) was headquartered there or nearby, including Ameriquest, Option One, First Franklin and the like. And thanks to the collapse of those firms, there's plenty of cheap office space available in 'the OC.' But mortgage lenders ('A' paper firms, that is) are hiring again in the area. This Wednesday, Nov. 10, for instance, LendingTree will hold a job fair at the Hyatt Regency on Jamboree Road. The company hopes to hire 125 full-timers. That ain't chicken feed. By the way, if you know which subprime firm had its HQ on Jamboree Road drop me an email at:
-
The top bullet point in Two Harbors' rejection notice is the Mizuho credit facility does not constitute committed financing for UWM to pay for the deal.
1h ago -
The combination adds to a wave of broader merger and acquisition activity that includes an ongoing bidding war over RoundPoint Mortgage owner Two Harbors
8h ago -
The litigants, with some of the industry's deepest pockets, may be filing the rare cases to flag and potentially punish bad brokers, one expert said.
8h ago -
Market watchers think Jerome Powell will maintain a low-key presence on the Fed board as he awaits the release of an inspector general report examining cost overruns at the central bank's headquarters.
May 1 -
Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.
May 1 -
Fannie Mae and Freddie Mac's support for the market lessened the impact, as could bank capital reform, and the company's normalized results outperformed.
May 1










