article thumbnail

CreditXpert announces launch date for new credit optimization platform

Housing Wire

Years later, in 2018, the newly unveiled Wayfinder platform automated credit optimization for loan officers. The company said it has analyzed 1 billion credit pulls since 2001 and serves more than 60,000 industry professionals each year. CreditXpert stopped offering the Wayfinder tool and What-if Simulator on Oct.

article thumbnail

Consumer direct mortgage lender lays off 35 LOs

Housing Wire

Pink slips arrived for nearly three dozen loan officers at Wyndham Capital Mortgage on Wednesday, HousingWire has learned. The consumer direct mortgage lender, headquartered in Charlotte, North Carolina, said it laid off 35 LOs across its offices in Dallas, Charlotte, Salt Lake City, Kansas City, and Phoenix.

Mortgage 435
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Guaranteed Rate acquires DTC lender Owning Corporation

Housing Wire

With the acquisitions of Stearns and Owning, Guaranteed Rate now has a stable of profitable joint-ventures , some of the nation’s top-producing retail loan officers , access to the wholesale channel and a stronger direct-to-consumer platform to grow its refi business. It grew nearly 100% in 2020.

article thumbnail

Guaranty Home Mortgage hires EVP to expand retail channel

Housing Wire

His career also includes senior management roles at First Community Mortgage , Elite Mortgage Services and Ace Mortgage Funding since 2001. Guaranty Home Mortgage has 48 state licenses, has three retail branches and 13 loan officers. Like its competitors, Guaranty Home Mortgage was affected by rising mortgage rates in 2022.

Retail 397
article thumbnail

Wyndham Capital Mortgage to have a new round of layoffs

Housing Wire

“Of these impacted employees, 38 work out of the facility or hybrid (office & remote) in North Caroline & South Carolina, and 10 are fully remote employees living in other states outside of the Carolinas,” Angela Fumo, senior vice president of human capital, wrote in the WARN notification reviewed by HousingWire.

Mortgage 418
article thumbnail

Interfirst Mortgage raises $175 million

Housing Wire

Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. Interfirst was founded in 2001 as a retail originator but expanded to the wholesale channel in 2008 and the correspondent channel in 2011.

Mortgage 421
article thumbnail

Interfirst to lay off 140 employees

Housing Wire

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. Six months ago Interfirst Mortgage Co.