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Top Guaranteed Rate LO Shant Banosian joins board of Healing Realty Trust

Housing Wire

The nation’s top loan officer Shant Banosian joined the board of directors at Healing Realty Trust , a healthcare-focused real estate investment company. In 2023, he closed $925 million in loan origination volume, with 1,617 loans, which put him as the top originator on Scotsman Guide ’s top originators list.

Realty 434
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First Savings Bank to cut 100-plus mortgage jobs across multiple states

Housing Wire

And the bank has about 46 active loan officers in 57 branches, the data shows. It has three national lending programs: single-tenant net lease commercial real estate, SBA lending and residential mortgage banking. Its volume declined from $1.1 billion in 2021 to $370 million in 2022.

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New American Funding partners with EasyKnock on sale-leaseback program

Housing Wire

In a typical sale-leaseback transaction, EasyKnock receives a processing fee from the initial home sale and then receives monthly rent after the customer becomes a tenant, he said. and 50 states, Broker Solutions has 156 active branches across the country and 1,621 sponsored loan officers, according to the NMLS.

Tenants 397
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Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina

Housing Wire

million in tenant improvements in North Carolina since 2021, the letter added. Most recently, Pennymac issued pink slips to more than 80 employees in November in its California offices impacting loan officers , senior app developers and vice presidents of app development, talent sourcing and sales manager.

Investing 434
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Freddie Mac posts $12.1B income in 2021

Housing Wire

By year end, he said, 73,000 tenant households across 284 properties had been offered the program, DeVito said. Hayden, who will serve on the GSE’s committees for operations and technology, as well as the committee on risk, started his career as a loan officer and loan purchaser.

Landlords 418
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A recap of gen AI use cases at FHFA’s 2024 TechSprint

Housing Wire

Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. The app would pull a credit report, do a background check and preapprove a tenant at certain price points so the renter knows what monthly payment they can afford.

Tools 360
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2020 Banking and Construction Lending Trends for Minnesota

Simonson Real Estate

Industrial Multi-Family Office – depends on location and tenant mix Retail – Dependent on tenant mix Hotels – While there are some lending options, most of the banks surveyed talked about steering clear of hotels at present time. Source: The July 2020 Federal Reserve Senior Loan Officer Opinion Survey on Bank Lending Practices.

Lending 148