Housing Wire

JANUARY 24, 2022

In a letter to brokers about shutting down the Stearns wholesale channel, Victor Ciardelli, Guaranteed Rate CEO, wrote that the company will have a laser focus on leveraging its “industry-leading purchase platform augmented by the best loan officers in the business.”.

Lending 355

Lending Retail Loan Officers Business 355

Housing Wire

DECEMBER 16, 2020

In a lawsuit filed last week, a mortgage brokerage claimed that one of its former loan officers stole a database containing client names and information and brought it with him to a new job at NEXA Mortgage. 2013 and February 2019. At the end of 2018, the brokerage had 42 loan officers.

Mortgage 384

Mortgage Loan Officers Brokerage Clients 384

Housing Wire

SEPTEMBER 17, 2020

1 loan originator, has become Guaranteed Rate ’s first loan officer to fund $1 billion in loan volume in one year. Over the course of his decade-long career, Banosian has generated more than $4 billion in funded loans. 1 loan officer nationwide, as well as the top producer in Massachusetts since 2013.

Loan Officers 441

Loan Officers Clients Business Marketing 441

Housing Wire

APRIL 19, 2022

The raison d’etre is the same whether you work as a mortgage loan officer at a depository bank or an independent mortgage bank – originate a purchase mortgage or refinancing for a client. Loan officers working for depository banks are not bound by the same requirements. Regulations to oversee them all.

Training 335

Training Loan Officers Lending Mortgage 335

Housing Wire

MARCH 26, 2021

The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. The deal will provide $62.8 million to the class members, with the remainder going to plaintiffs attorneys.

Legal 457

Legal Law Open Houses Loan Officers 457

Housing Wire

AUGUST 30, 2021

Cadence Bancorporation , parent of Cadence Bank, reached separate settlements with the Department of Justice and the Treasury Department’s Office of the Comptroller of the Currency totaling over $8.5 The lender’s offices were concentrated in white neighborhoods, and nearly all of its loan officers were white.

Lending 378

Lending Loan Officers Advertising Development 378

Housing Wire

JANUARY 5, 2021

The platform allows loan officers to become “mobile originators,” using their smartphones to view applications, pull credit reports and oversee all aspects of the loan process while connecting in real-time to their LOS.

Architecture 386

Architecture Real Estate Agent Loan Officers Real Estate 386

Housing Wire

DECEMBER 16, 2021

By July 2013, things were going so well that Godin and his wife purchased a lakefront mansion in Winnetka, Illinois, for nearly $13 million , a record for the posh Chicago suburb. 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.

Mortgage 338

Mortgage Loan Officers Retail Training 338

Housing Wire

APRIL 25, 2022

It has about 350 loan officers and roughly 100 retail branches. . CrossCountry, which has seen considerable growth since 2013, operates in 50 states. LendUs and CrossCountry did not respond to multiple requests for comment. It has been a Freddie Mac , Fannie Mae and Ginnie Mae approved seller and servicer since 2012.

Retail 381

Retail Loan Officers Mortgage Lending 381

Housing Wire

FEBRUARY 10, 2022

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. He was also vice chairman of Residential Mortgage Services Holdings from 2013 to 2021. The post Freddie Mac posts $12.1B

Landlords 388

Landlords Tenants Finance Government 388

Housing Wire

OCTOBER 15, 2020

In 2013, Thuan Nguyen was working out of his chaotic office in the heart of Silicon Valley. At that point, Loan Factory had about 200 loans and just 13 employees. The office was like a market,” Nguyen recalled. “It You’d find him there from 5 a.m. They hustled, too. It was so noisy, stuff was everywhere.

Brokerage 404

Brokerage Mortgage Technology Development 404

Housing Wire

OCTOBER 12, 2023

If you go and look at headlines from 2013-2014 — everything was revolution and transformation and technology was going to lower costs. Within mortgage companies, even those that have huge scale versus small scale, they’re offering really the same borrower experience and the same loan officer experience. Now it’s all rates.

Mortgage 395

Mortgage Technology Contracts Realtors 395

Housing Wire

AUGUST 29, 2022

Ishbia, who started running his father’s mortgage firm in 2013 and has since grown it into the country’s No. Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%.

Investing 402

Investing Loan Officers Retail Mortgage 402

Housing Wire

APRIL 18, 2023

When rates start to trend down, the company expects to add more loan officers, call center staff and operation staff. Rick: It does deserve noting that Patty started the initiative for Latino lending back in 2013. There are support staff that come along with them (loan officers). We’re growing quite a bit.

Retail 293

Retail Business Agents Loan Officers 293

Housing Wire

AUGUST 31, 2022

For example, within these firms, there are occupations such as loan officers, loan interviewers, title-related occupations, and loan counselors that could apply to both mortgage and non-mortgage lending.

Lending 382

Lending Mortgage Real Estate Loan Officers 382

Appraisal Today

OCTOBER 14, 2022

Excerpts: Completed in 2013, the 50,738-square-foot compound has six bedrooms, 8.5 I can see why loan officers, real estate agents, or buyers might push back on appraisers’ conclusions. Some AMCs have been expanding, including buying other companies, and may have financial problems. ==. baths, and an eight-car garage.

Appraisal 52

Appraisal Insurance Real Estate Business 52