2012 Development Mortgage Training 
Housing Wire
DECEMBER 16, 2021
In 2012, Dmitry Godin was seemingly on top of the world. Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017.
Housing Wire
MAY 4, 2021
Department of Housing and Urban Development (HUD) charged a now-defunct California business for allegedly targeting Hispanic homeowners with illegal and discriminatory mortgage modification services. owned the mortgage modification business. ” This constituted a violation of the Fair Housing Act, the agency said.
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Housing Wire
MAY 2, 2022
Six months ago Interfirst Mortgage Co. The workforce reduction is also focused on mortgage loan production. The lender is scheduled to lay off 26 processors, 20 originators, and 15 mortgage account executives in junior and specialist job positions. The company is also laying off four people with the title of vice-president.
Housing Wire
MARCH 23, 2022
Seeking business growth in the current rising rate environment, originators are contemplating the benefits of adding reverse mortgages to their product mix. With mortgage interest rates steadily on the rise and refinance volume dropping, originators should immediately consider tapping into products that are less interest rate sensitive.
Housing Wire
JULY 28, 2022
HousingWire: As businesses of all types begin to rely more heavily on automation, is the mortgage industry doing enough to keep pace? As a CTO, I have to smile when some lending executives mention that the costs of technology in the mortgage industry are high. No wonder residential mortgage lending has wild swings in profitability!
Housing Wire
MARCH 10, 2022
The Federal Housing Administration (FHA), within the department of Housing and Urban Development , provides mortgage financing for borrowers the conventional market doesn’t serve, yet it has been understaffed for over a decade. A 2022 HUD budget report said that the Office of Housing—which includes FHA—had 2,470 employees.
Housing Wire
NOVEMBER 3, 2023
.” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “We may eventually have it where buyer commissions can be rolled into the mortgage.
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