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PennyMac Financial Services reported some green shoots in its origination business, part of a larger earnings recovery that was somewhat dampened by hedging losses. The California mortgage giant posted a $39.3 million profit in the first…
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“We’re actually getting quotes up front so that buyers aren’t shocked when they find out that their homeowner’s insurance went up,” she said. “ they thought it was going to be $3,000 and now it’s $5,000. So that’s one of the things that…
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Scott Reise, senior vice president at Atlantic Bay Mortgage Group, has been in the lending industry for almost three decades, with stints at banks, independent mortgage companies and broker shops. Though he's currently at an IMB, Reise…
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