Housing Wire

MARCH 20, 2023

McGarry joined Guild in 1984 as a supervisor in internal audit and held several leadership positions until promoted to president in 2005 and CEO in 2007. Guild’s executive vice president David Neylan, who joined the company in 2007, will replace Schmidt as president. He will continue as Guild’s chief operating officer.

Retail 370

Retail Loan Officers Mortgage Investing 370

Housing Wire

SEPTEMBER 22, 2022

Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. That’s going to be a new market for me Lonnie Glessner, loan officer at Draper and Kramer Mortgage Corp.

Mortgage 397

Mortgage Loan Officers Inventory Retail 397

Housing Wire

DECEMBER 13, 2024

Planet Financial Group , the parent company of Planet Home Lending , completed the issuance of $475 million in senior unsecured notes this week, the latest mortgage company to raise debt in an oversubscribed transaction. The companys initial target for the offering was $400 million. The notes, which carry a 10.5%

Retail 344

Retail Loan Officers Investors Lending 344

Housing Wire

MAY 31, 2022

Led by Irma DeLoen, Geneva Financial’s Chicago branch will offer products including conventional and government loans, such as loans from the Federal Housing Administration (FHA), Veterans Affairs and U.S. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 397

Mortgage Construction Lending Real Estate 397

Housing Wire

DECEMBER 3, 2021

She joined CNBF after more than a decade with Seacoast Bank , where she served as senior vice president, residential lending production manager. While borrowers can shop online these days and follow an automated experience, it doesn’t equate to working with a seasoned professional loan officer and learning what to expect first-hand.

Inventory 397

Inventory Loan Officers Clients Mortgage 397

Housing Wire

JANUARY 18, 2023

Brown anticipates more consolidation in the industry on the mortgage production side, as “there’s less than one loan being done by a loan officer per month on average,” he said.

Housing Market 476

Housing Market Marketing Insurance Mortgage 476

Housing Wire

MAY 7, 2023

In 2007, when sales were down big, total active listings peaked at over 4 million. We had high inventory levels while the unemployment rate was still excellent in 2007. This proves that the mass supply growth we saw from 2005-2007 was due to credit stress, not because the economy was in a recession; the U.S.

Inventory 505

Inventory Housing Market Marketing New Listings 505

Appraisal Buzz

JANUARY 14, 2025

In 2007, he left Microsoft for Redfin, a technology-powered real-estate company, helping to lead the business through its IPO in 2017 and on to nearly $1 billion in revenue in 2023. Adam Wiener is the new president of multi-channel, digital home finance company Lower. Joining the team at Lower was a no-brainer, Wiener says.

Loan Officers 195

Loan Officers Real Estate Agent Real Estate Technology 195

Housing Wire

NOVEMBER 10, 2020

So when that happens, you don’t originate, you don’t lend at par for something at 88. And non-QM loans in my experience are harder.”. Newer loan officers are scared of the business because they think it has to do with predatory lending,” said Yonce. So you stop.”. Everyone bowed out. And it doesn’t.

Business 459

Business Mortgage Investors Loan Officers 459

Housing Wire

AUGUST 31, 2022

The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. The second category is mortgage and non-mortgage brokers, which includes establishments that facilitate lending by bringing borrowers and lenders together.

Lending 397

Lending Mortgage Real Estate Loan Officers 397

AmeriMac

SEPTEMBER 1, 2021

However, they were not widely used until after the mortgage crisis in 2007 and 2008. In 2009, Freddie Mac and Fannie Mae, government housing lending institutions, the Federal Housing Finance Agency (FHFA) and the New York Attorney General got together to create the Home Valuation Code of Conduct (HVCC).

Appraisal 36

Appraisal Valuation Law Lending 36

AmeriMac

MARCH 15, 2024

The concept of AMCs was developed in the 1970s but didn’t gain widespread use until after the financial crisis in 2007-2008. The Appraisal Process Explained The appraisal process is a crucial step in determining the value of a property for various purposes, including mortgage lending.

Appraisal 36

Appraisal Appraisal Process Valuation Real Estate 36

Will Springer Realtor

SEPTEMBER 28, 2022

The average student loan payment is $460 a month. And nearly 48M people have student loans. Student debt is no longer just a first-time home buyer problem, says Cale Iorg, a loan officer at Supreme Lending in Alpharetta, Ga. “We We get people in their 40s and 50s who are still paying off student loans.

Buyers 36

Buyers Loan Officers Mortgage Realtors 36