A series of moves aimed at deleveraging its balance sheet led to the loss, but the bottom line improved markedly over 2023. https://www.nationalmortgagenews.com/news/onity-group-takes-4q-loss-but-2024-profit-at-multiyear-high
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Where are the most vulnerable housing markets found?
More than two-thirds of the counties most at risk of a housing downturn were concentrated in five states, according to a new report from Attom. https://www.nationalmortgagenews.com/news/housing-markets-at-risk-of-downturn-are-scattered-nationwide
The red (and green) flags for job-hunting loan officers
Recruiting veterans urge originators to track their future employer's pricing for a longer period of time, and to seek more details about the firm's culture. https://www.nationalmortgagenews.com/news/loan-officers-how-to-spot-a-bad-deal-before-you-jump
The real costs of hiring LOs: What lenders must know
Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival. https://www.nationalmortgagenews.com/news/mortgage-hiring-costs-the-high-price-of-lo-turnover
Ginnie Mae MSR holdings shift as Trump policies evolve
Some precedents from Trump's first term do point to a scenario where depositories could re-enter the government mortgage market, according to one expert. https://www.nationalmortgagenews.com/news/newrez-climbs-msr-ranks-as-top-3-maintain-market-dominance