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Ohio -based UHM promoted Brian Smith to chief operating officer of retail lending and hired David Alonzo as its chief technology officer. Smith joined the company in 2002 and quickly became a top producer, earning a spot in the UHM President’s Club for his standout origination volume and customer service efforts.
Prior to HOMESTAR, he served as the executive vice president of retail production at AmeriSave Mortgage Corporation and area lending manager roles at Citi. HOMESTAR’s mortgage products include conventional, FHA, USDA, VA, jumbo, reverse, 203K, refinance and its own cash advantage, RefiNow and NATURALiving Home Mortgage loan programs.
Legacy, headquartered in Albuquerque, New Mexico, was founded in 2002 and purchased by its CEO Jack Thompson in 2006. The company has 39 active loanofficers across its retail branches, according to Modex data. By joining Guild, Legacy loanofficers can offer additional mortgage products and specialized loan programs.
In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loanofficers while CCM had over 4,000. billion in loans in 2023. AmCap, founded in 2002, is a much smaller lender. Terms of the acquisition, including financial information, were not disclosed.
Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loanofficers during the previous run-up. Appraisers’ jobs are not to facilitate mortgage lending. We analyze and report.
In 2000 and 2002, Architectural Digest named him one of the top 100 architects in the United States. Remember what it was like during the crash after 2008, when there were very few loans, and appraisal volume severely declined? Mortgage lending is very, very cyclical. His homes are as unique as he was,” says Heinrich. “He
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