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Panorama Mortgage Group Appoints Philip Riccio Chief Financial Officer

Appraisal Buzz

Riccio has been instrumental in overseeing critical functions such as trading, hedging, pricing, and investor relations. Riccio began his career in the mortgage industry in 2002 and has held key leadership roles with several prominent organizations, including Stearns Lending and Caliber Home Loans.

Mortgage 195
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Parent of National MI grows its leadership team

Housing Wire

Prior to this new position, she served as the chief investor and industry relations officer of Home Point Financial Corporation. Meanwhile, Greenberg was promoted to senior vice president of finance where he will oversee investor relations, financial planning, analysis, data analytics and treasury.

Investors 418
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How home-price growth has damaged the housing market

Housing Wire

Since 2014, we’ve not seen the credit housing boom that we saw from 2002-2005. The housing market can’t replicate the type of massive credit expansion we saw from 2002-2005, so the price-growth story has more to do with inventory collapsing to all-time lows. Also, certain investors felt no fear post-2020.

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Dominion Financial launches third-party origination program for investment properties

Housing Wire

Dominion Financial Services , a Baltimore -based private lender with products tailored to real estate investors , has launched a third-party origination program for mortgage brokers, according to an announcement on Thursday. investors are “finding creative ways“ to acquire and redevelop real estate.

Investing 397
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What will housing credit look like in next recession?

Housing Wire

today and why they’re so different than the period of 2002-2008. However, the current housing market is much different than the credit boom-and-bust cycle of 2002-2008, and it’s vital to understand why. How can we be sure not to make the same mistake that millions of people made by calling for housing to crash in 2020 and 2021?

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Keller Williams faces three lawsuits tied to its profit-sharing program 

Housing Wire

On March 22, Moulder, who worked with Keller Williams from 2002 to 2011, filed a complaint aiming for class-action status in the U.S. Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S. these funds continue to enrich only affiliated real estate agents, investors, brokers, and staff.”

Brokerage 511
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Dominion Financial adds Dustin Wells to head up wholesale division

Housing Wire

Baltimore -based Dominion Financial Services , a nationwide private lender that specializes in financing for real estate investors , announced the hiring of Dustin Wells as the president of its newly launched wholesale lending division. Wells has more than 20 years of experience in the financial services arena.

Lending 433