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Has your banking partner come of age?

Housing Wire

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. DB: Warehouse lending has evolved beyond traditional boundaries.

Lending 311
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Kristen Sieffert leads the reverse mortgage presence at The Gathering

Housing Wire

The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category.

Mortgage 285
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Frank Martell talks loanDepot’s restructuring, path to profitability and M&As 

Housing Wire

” Martell’s first big move as CEO was to announce the Vision 2025 plan in July 2022, which included simplifying the organizational structure, focusing on client service, quality, automation and operating leverage. Amid a shrinking market, Vision 2025 was extended into 2026 and beyond, Martell said. What happened?

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Flagstar Bank and the one-stop mortgage shop

Housing Wire

“Flagstar is an originator and servicer that also provides financing solutions through its warehouse and MSR lending businesses,” Smith said. “We Now, with the three companies under one Flagstar-branded umbrella, the bank can offer its clients an even larger array of products and services.

Mortgage 308
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How LOs, mortgage execs are preparing for 2024

Housing Wire

Strategies for 2024 I’m heavily focused on recruiting , improving technology and marketing, empowering the loan officers — by giving them the same technology and marketing support. The second project I’m working on is having a mobile app where the the client can download the app and use it to take care of their transaction.

Mortgage 437
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Inside Blend’s high stakes transformation

Housing Wire

When prospective clients operate in highly regulated financial markets, enterprise sales don’t come easy. In the ensuing years, Blend brought on hundreds of clients, including Wells Fargo , First Republic Bank , Mr. Cooper and U.S. Blend co-founder and CEO Nima Ghamsari knows this perhaps better than anyone.

Clients 324
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UWM goes on the offensive with price-match guarantee

Housing Wire

In a video message sent to mortgage brokers, UWM CEO and President Mat Ishbia said the price-matching guarantee and combination of UWM’s service, technology and speed-to-close means there’s no reason to lock a loan anywhere else in June. UWM’s price-matching guarantee will be in effect between June 7 and June 20.

Mortgage 545