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Rate adds Manginelli to lead sales coaching program

Housing Wire

“We hold back nothing in providing our professionals with world-class training and ensuring that our unmatched tech and tools are at the heart of that,” Rate CEO Victor Ciardelli said in a statement. “No Rate, which recently underwent a rebranding campaign , was founded in 2000. billion in loans during the first half of 2024.

Tools 448
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SingleSource’s new app to support to Fannie Mae’s Value Acceptance + Property Data program

Housing Wire

Fannie Mae’s value acceptance+property data extends an appraisal waiver provided the property data is gathered by a vetted and trained third party and a floor plan is delivered to a desktop underwriter. SingleSource has been providing valuation services nationwide since 2000 and nationwide field services and inspection services since 2006.

Valuation 419
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Proactive quality control for lenders: How to navigate market shifts, regulatory changes and improve loan quality

Housing Wire

Not only does this break a five-quarter-long downward trend, but this uptick in defects happened at a time when mortgage originations were at their lowest levels since 2000. Training for refinance preparedness : With potential market shifts on the horizon, organizations are investing in training loan officers to handle refinances effectively.

Marketing 424
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Waterstone Mortgage hires new digital marketing director

Housing Wire

He will also analyze the company’s best practices, trends and innovations in online marketing and train the marketing and sales teams on digital communication policies and the brand’s compliance with regulations. Quintans’ professional career spans more than two decades in mortgage lending.

Mortgage 370
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Lawsuits, red tape & interest rates: Do mortgage JVs have staying power?

Housing Wire

On a sunny, serene fall afternoon, the Chicago neighborhood of Ravenswood featured quiet socializing on outdoor brewery patios, cyclists of all ages, and, hidden alongside the elevated train tracks, the headquarters of mortgage lender Guaranteed Rate.

Mortgage 408
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Wells Fargo pays $96M to settle LO comp lawsuit

Housing Wire

Kang, an LO who worked at Wells Fargo between 2000 and 2015, alleged that the bank paid advances on commissions at a rate of $12 per hour but then clawed it back. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation.

Legal 488
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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He was the fourth mortgage loan originator to join Guaranteed Rate in 2000. Covey, who joined Revolution as executive vice president in December, was brought on to train and hire top talent who can penetrate local markets with their own databases and networks. It’s the local relationships.

Mortgage 370