Housing Wire

JUNE 6, 2022

It’s a tough time for mortgage lenders. A rapid rise in mortgage rates and a big drop in origination volume has led to thousands of industry job losses over the last six months. Nonbank lenders such as Pennymac , Mr. Cooper , loanDepot , Guaranteed Rate , Fairway Independent Mortgage , Interfirst Mortgage Co.,

Mortgage 448

Mortgage Loan Officers Lending Human Resources 448

Housing Wire

JULY 25, 2022

Pink slips will arrive for 58 employees working in the mortgage business at Texana Bank in California, according to a Worker Adjustment Retraining Notification (WARN) sent to the state’s Employment Development Department. Employees on the technology, marketing and human resources teams are on the list. As the U.S.

Human Resources 370

Human Resources Loan Officers Construction Lending 370

Housing Wire

MAY 9, 2022

a direct-to-consumer mortgage lender acquired by Guaranteed Rate in February 2021 , is planning a workforce reduction amid higher mortgage rates and lower refinance volumes. The layoffs affect mainly mortgage consultants, specialists, and assistants, but it targets underwriting and closing professionals.

Human Resources 418

Human Resources Lending Retail Mortgage 418

Housing Wire

APRIL 22, 2022

Nima Ghamsari, CEO and founder of mortgage fintech Blend Labs. Publicly traded mortgage tech company Blend Labs isn’t changing its strategy to survive a shrinking mortgage market, even though a drop in originations is sapping its revenue stream and forcing it to trim its workforce. ” In 2021, Blend processed more than 1.8

Marketing 418

Marketing Mortgage Human Resources Clients 418

Housing Wire

AUGUST 14, 2020

Mortgage lender NewRez is currently hiring for over 750 positions in its origination division. The company is seeking to fill positions in all four of its business channels – direct to consumer, JV/retail, wholesale and correspondent lending.

Human Resources 460

Human Resources Retail Training Lending 460

Housing Wire

AUGUST 1, 2022

ICE Mortgage Technology. Draper and Kramer Mortgage. Senior Vice President and Chief Human Resources Officer. RoundPoint Mortgage Servicing Corporation. RoundPoint Mortgage Servicing Corporation. Chief Lending Officer. Atlantic Bay Mortgage Group. Branch Manager and SVP of Mortgage Lending.

Human Resources 397

Human Resources Realty Lending Technology 397

Housing Wire

OCTOBER 4, 2022

Head of Neighborhood and Community Lending. Gold Star Mortgage Financial Group. Managing Director and Global Head of Mortgage Services. Mortgage Champions. Sales Boomerang and Mortgage Coach. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. Freedom Mortgage.

Human Resources 435

Human Resources Lending Real Estate Technology 435

Housing Wire

JULY 14, 2022

Of the 39 employees laid off, 12 cuts hit the human resources team. Kiavi, which rebranded from Lending Home in November, ranked as the top short-term lender in the fix-and-flip space in 2021, with $2.7 billion in originations, up about 78% from 2020, according to a recent report by Inside Mortgage Finance (IMF). .

Human Resources 418

Human Resources Construction Investors Legal 418

Housing Wire

APRIL 26, 2022

Even the biggest mortgage players aren’t immune to the effects of higher rates and tight housing inventory. Rocket Companies , the parent of Rocket Mortgage and Amrock Title , said late Monday that it would be offering buyouts to 8% of its staff at its mortgage operations and title teams. Rocket Companies CEO Jay Farner.

Human Resources 370

Human Resources Lending Mortgage Training 370

Housing Wire

JUNE 28, 2022

Tech-fueled mortgage lender UpEquity just wants answers. . It’s caused frustration for FGMC’s lending partners. A West Coast-based lending executive told HousingWire that FGMC said it can’t or won’t honor locks in its correspondent pipeline, even loans that were cleared for funding and underwritten by FGMC.

Human Resources 397

Human Resources Investors Lending Investing 397

Housing Wire

MAY 2, 2022

Six months ago Interfirst Mortgage Co. The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. The workforce reduction is also focused on mortgage loan production. Presented by: Acra Lending. 3 questions lenders should ask before implementing non-QM.

Human Resources 397

Human Resources Loan Officers Retail Training 397

Housing Wire

MARCH 1, 2022

Prior to her seven-year stint at the Federal Home Loan Bank of Pittsburgh, from 2013 to 2014 Anderson worked as an attorney at Relman, Dane & Colfax PLLC , specializing in fair lending counseling and compliance. As the mortgage world becomes more technologically interconnected, the risks to cybersecurity, data and infosecurity increase.

Human Resources 418

Human Resources Government Finance Mortgage 418

Housing Wire

SEPTEMBER 1, 2021

United Wholesale Mortgage. First Guaranty Mortgage Corporation. First American Mortgage Solutions. DHI Mortgage Company. American Mortgage Network. First Community Mortgage. President of Residential Servicing and Correspondent Lending. Freedom Mortgage. Academy Mortgage Corporation.

Human Resources 429

Human Resources Technology Finance Retail 429

Housing Wire

AUGUST 21, 2020

A 30-year veteran in the consumer finance and mortgage industry, Hilzendeger will be assisting in the company’s growth, responsible for leading the mortgage servicing team and delivering customer experience. With 20 years of experience under his belt, Matt Tippets has been named Total Expert ’s chief product officer.

Human Resources 359

Human Resources Advertising Retail Training 359

Housing Wire

MAY 23, 2022

California-based nonbank mortgage lender Pennymac Financial Services will lay off 207 additional employees in June and July following a workforce reduction filing of more than 230 employees in March. Layoffs of 190 employees at Pennymac were first reported by National Mortgage News. Fairway Independent Mortgage Corp.

Loan Officers 418

Loan Officers Human Resources Mortgage Business 418

Housing Wire

SEPTEMBER 14, 2023

The mortgage lender has had several changes to its leadership so far this year. Hanson will oversee, for example, the “Lender Express offering,” which provides mortgage products to credit unions and other financial institutions. In July, loanDepot appointed Darren Graeler as executive vice president and chief accounting officer.

Human Resources 418

Human Resources Retail Investing Development 418

Housing Wire

FEBRUARY 2, 2024

Most of last year’s top-producing loan officers at Draper and Kramer Mortgage Corp. This is reflected in data collected by the mortgage tech platform Modex and the Nationwide Multistate Licensing System (NMLS). billion in mortgages in 2023. and NFM Lending. A spokesperson at NAF did not respond to a request for comments.

Loan Officers 435

Loan Officers Human Resources Law Lending 435

Housing Wire

AUGUST 2, 2022

The layoffs come amid a mortgage market downturn and a larger company restructuring, multiple current and former staffers told HousingWire. Mario Glover, a former business support analyst, was laid off during a video call with his manager and a rep from human resources on July 15, just three months after he started working at the lender.

Marketing 397

Marketing Human Resources Finance Business 397

Housing Wire

SEPTEMBER 30, 2020

Today, Ocwen Financial Corporation is a leading non-bank mortgage servicer and originator providing solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. On the originations side, we’ve built a scalable, multi-channel lending platform that has grown volume by 16X in just the past year.

Mortgage 370

Mortgage Investors Business Human Resources 370

Housing Wire

JULY 20, 2023

Rocket Companies , the parent of Rocket Mortgage , offered another round of buyouts to its employees on Wednesday, a spokesperson confirmed to HousingWire. Amid elevated mortgage rates , Rocket Companies delivered a $111 million adjusted net income loss in the first quarter, following a $197 million loss in the fourth quarter.

Human Resources 370

Human Resources Loan Officers Business Mortgage 370

Housing Wire

JUNE 5, 2023

Chief Accounting Officer Nicole Carrillo, Chief Human Resources Officer Kevin Tackaberry and LDI Digital President Zeenat Sidi are also departing loanDepot. However, the company has decided to consolidate LDI Digital, including mellohome, into its existing production channels, under the leadership of LDI mortgage president Jeff Walsh.

Business 370

Business Human Resources Retail Tools 370

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. According to the Mortgage Bankers Association ’s yearly forecast, purchase mortgage originations are expected to grow by 9% to $1.73

Marketing 418

Marketing Real Estate Agent Loan Officers Advertising 418

Housing Wire

AUGUST 8, 2023

The California-based mortgage lender had its second consecutive double-digit revenue gain amid increasing origination volumes and margins. Changes in leadership came with the decision to consolidate LDI Digital, including mellohome, into its existing production channels, under the direction of LDI Mortgage President Jeff Walsh.

Human Resources 370

Human Resources Lending Investors Mortgage 370

Appraisal Buzz

JULY 2, 2024

His proven track record and strong strategic financial acumen will help guide our company as we continue to advance the modern mortgage. He most recently served as EVP and CFO at Sagent Lending Technologies , one of the most important technology platforms in the mortgage industry.

Human Resources 221

Human Resources Modernization Technology Finance 221

Housing Wire

JUNE 16, 2023

A former CrossCountry Mortgage employee accused her immediate superior at a branch in Georgia of sexual harassment and said the mortgage company retaliated against her after she lodged complaints with the human resources department and federal authorities.

Human Resources 370

Human Resources Mortgage Retail Legal 370

Appraisal Buzz

JUNE 26, 2024

Joseph Peterson has joined Xactus , a provider of verification solutions to the mortgage industry, as chief financial officer. He most recently served as executive vice president and chief financial officer at Sagent Lending Technologies. Peterson has more than 30 years of financial experience.

Human Resources 195

Human Resources Technology Modernization Finance 195

Housing Wire

OCTOBER 23, 2023

And not just adding tons of people — that is the traditional model in mortgages. lender in 2022 to 13th in the first half of 2023, per Inside Mortgage Finance estimates. We help these lenders run the mortgage operation and provide support for their home sales. Nunes: loanDepot fell from the 8th largest U.S. What happened?

Technology 448

Technology Loan Officers Retail Marketing 448

AmeriMac

SEPTEMBER 30, 2023

We’ll also discuss how it differs from mortgage appraisal, specifically designed to facilitate mortgage lending. An organization known as the Worldwide ERC is responsible for overseeing and managing relocation professionals in Human Resources, Real Estate, and the Military.

Appraisal 36

Appraisal Appraisal Process Real Estate Human Resources 36

PennyMac

SEPTEMBER 9, 2020

Putting down 20% of the total home cost isn’t required to obtain a home loan; most mortgage options have much lower minimum down payment requirements. Mortgage Type. Mortgage Type. FHA Mortgages. Mortgage Type. Conventional Fixed-Rate Mortgages. Mortgage Type. Minimum Down Payment. Learn More.

Insurance 36

Insurance Buyers Mortgage Human Resources 36

Housing Wire

DECEMBER 23, 2021

A former employee alleged that an executive at Atlanta-based mortgage lender Equity Prime Mortgage (EPM) sexually assaulted her, and executives fostered a culture of widespread sexual harassment at the firm. Former mortgage loan processor Tiar McCart claims, in a suit filed in the U.S.

Mortgage 459

Mortgage Human Resources Insurance Lending 459

Housing Wire

AUGUST 8, 2024

After 25 years at Intuit , Glenn McGillivray has joined Rocket Companies , the parent of Rocket Mortgage , in the newly created role of chief people and places officer, the company confirmed on Thursday. In May, Rocket announced Shawn Malhotra , a former Thomson Reuters and Intel executive, as the company’s first chief technology officer.

Human Resources 448

Human Resources Development Training Lending 448

Will Springer Realtor

JULY 13, 2023

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). Meantime, getting workers to feel good about returning to the office is a stiff challenge.

Construction 36

Construction Supply Chain Real Estate Development 36