Housing Wire

APRIL 2, 2024

New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.

Loan Officers 342

Loan Officers Retail Finance Buyers 342

Housing Wire

DECEMBER 31, 2021

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%. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers.

Marketing 414

Marketing Law Government Mortgage 414

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: NAF bought Marketplace Home Loans in 2018. My biggest concern, to be honest, is inventory.

Retail 293

Retail Business Agents Loan Officers 293

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 73

Reconsideration of Value Appraisal Real Estate Insurance 73