Housing Wire

MAY 2, 2022

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. Presented by: Acra Lending. In 2012, the historically low interest rates led to a boom in refinances, and the lender grew to $14.5

Human Resources 397

Human Resources Loan Officers Retail Training 397

Housing Wire

APRIL 18, 2024

Return to a ‘task force’ The original task force was co-founded in 2012 by Giordano and Security One Lending ’s Torrey Larsen. But as we’ve said from the very beginning, it takes loan officers sitting [face-to-face with advisers] to really get the message across.” We’ve got all the ammunition.

Loan Officers 459

Loan Officers Tools Mortgage Government 459

Housing Wire

APRIL 25, 2022

It has about 350 loan officers and roughly 100 retail branches. . First Choice brought to CrossCountry retailer Costco ’s mortgage program, which connects the big box retail giant’s members with a select list of lenders and offers a discount on the lending fees. It provides purchases, refinances, and home equity products.

Retail 397

Retail Loan Officers Mortgage Lending 397

Housing Wire

AUGUST 12, 2020

Fintech-focused Canapi Ventures led the investment, which brings Blend’s total venture raised to $365 million since its 2012 inception. Virtually every aspect of mortgage lending can be improved through digitization,” Mayopoulos added. Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7

Investing 508

Investing Loan Officers Technology Development 508

Housing Wire

NOVEMBER 23, 2022

Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. billion in 2012, the company decided to shutter its business in 2017.

Marketing 397

Marketing Loan Officers Business Mortgage 397

Housing Wire

DECEMBER 16, 2021

In 2012, Dmitry Godin was seemingly on top of the world. The historically low interest rates that led to a boom in refinances in 2012 had ended, and Interfirst struggled to maintain volumes in following years as the market turned to purchase. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5

Mortgage 370

Mortgage Loan Officers Retail Training 370

Housing Wire

MAY 6, 2022

In an effort to counter margin compression and satisfy a new generation of homebuyers, lenders are looking to offer loan options that better fit the average borrower. HousingWire recently spoke with John Keratsis, President and CEO of Deephaven Mortgage, about the potential benefits of non-QM lending in today’s tight housing market.

Marketing 370

Marketing Lending Loan Officers Training 370

Housing Wire

JULY 12, 2023

Pennington’s departure comes a few months after Brady Yeager , a mortgage executive with over 21 years in finance and mortgage lending roles, joined Movement as national sales director. Schoolfield and Shelton joined Movement in 2012, were promoted as divisional leaders in February 2021, and landed at Summit in July.

Retail 370

Retail Development Finance Lending 370

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. Source: Nationwide Multistate Licensing System.

Lending 397

Lending Mortgage Real Estate Loan Officers 397

Housing Wire

MAY 7, 2023

Tracking the 10-year yield and mortgage rates are essential for housing inventory because when rates fall, buyer demand gets better, allowing more homes to be bought and getting a lid on inventory growth, which we have seen since 2012. The bond market never bought into the 1970s inflation premise, so the 10-year yield is closer to 3% than 5%.

Inventory 505

Inventory Housing Market Marketing New Listings 505

PennyMac

DECEMBER 23, 2020

In response to timely economic conditions, the Fed decreases the benchmark interest rate (the base rate financial institutions use when lending) to encourage borrowing and lending among banks, businesses and consumers. 15 or 30 years) or fluctuations in the federal lending rate. In contrast, in 2012 when the U.S.

Mortgage 36

Mortgage Lending Loan Officers Home Value 36