Housing Wire

APRIL 25, 2022

Founded in 2003 by mortgage broker Ron Leonhardt, CrossCountry originated $52 billion in mortgages in 2021, up 22% year-over-year, checking in as the 17th biggest lender in the country, according to Inside Mortgage Finance. It has about 350 loan officers and roughly 100 retail branches. .

Retail 397

Retail Loan Officers Mortgage Lending 397

Housing Wire

JANUARY 10, 2024

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. In December, the National Multistate Licensing System (NMLS) showed that AmCap had more than 400 sponsored loan officers while CCM had over 4,000.

Retail 435

Retail Mortgage Loan Officers Training 435

Housing Wire

OCTOBER 22, 2020

history next to 2003. Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level. Doing this now will help lending teams establish a game plan to increase the skills of any refinance-focused LOs, as well as their managers.

Mortgage 497

Mortgage Training Contracts Loan Officers 497

Housing Wire

JANUARY 22, 2024

If the deal goes through, the companies would have about 2,130 loan officers, which includes 1,884 from NAF and 251 from DKMC, per data collected as of Jan. In terms of volumes, California-based NAF, founded in 2003 by Patty and Rick Arvielo , originated $7.4 22 from the National Multistate Licensing System.

Mortgage 366

Mortgage Retail Loan Officers Property Management 366

Housing Wire

APRIL 18, 2023

Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. Kim: One of NAF’s priorities is on lending to the Hispanic community.

Retail 370

Retail Business Agents Loan Officers 370

Appraisal Today

MAY 10, 2024

VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. The mortgage loan officer handling the loan? It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11.

Reconsideration of Value 75

Reconsideration of Value Appraisal Real Estate Insurance 75

Housing Wire

DECEMBER 31, 2021

Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S. One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. The second-lowest LO turnover rate was in 2003, at 31%.

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Marketing Law Government Mortgage 459

Housing Wire

APRIL 19, 2022

Bank of America will pay a penalty smaller than the average down payment on a Fannie Mae -backed mortgage, after one of its mortgage loan officers allegedly violated the Fair Housing Act. In 2003, HUD’s office of fair housing and equal opportunity had 744 full time employees. As of 2021 the division had just 534.

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Loan Officers Mortgage Government Development 435