Latest Breaking News On - Jim janczy - Page 1 : comparemela.com

GVC Mortgage Hires New SVP, National Director Of Strategic Lending

NewFed Mortgage Hires EVP-Chief Production Officer

NewFed Mortgage hires Home Point veteran as chief production officer

Executive jumps ship after almost six years at Home Point Financial

Jim Janczy joins NewFed Mortgage as EVP-Chief Production Officer

Insurance, eVault, Defect Rate, Warehouse Products; Easy-to-Understand Basis Risk Primer

There are strange things going on out there. Revlon filing for bankruptcy. Atlanta’s mayor calling for limits on investors buying homes. Delta Airlines limiting the amount of time you can spend in its lounge eating cubes of cheese and lukewarm chili. Many high earners are living paycheck to paycheck. What isn’t strange, unfortunately, is lenders’ net worth plummeting, and a good indicator of that is the price of publicly held stocks. loanDepot, which had a high of about $22 per share, hit $1.75 yesterday. Guild Holdings was over $17 per share, now near $10. Rocket over $23 per share now in the mid-$6 range. UWM over $13 per share at one point now in the low $3 range. It is the same story for Homepoint, Mr. Cooper, PennyMac, Finance of America… If you had saved up $1 million dollars in your retirement account and bought loanDepot at the high, it would now be worth $79,500. But remember that these stock prices reflect what is happening in the entire industry,