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How InstaMortgage convinced top broker shop to jump to retail

Housing Wire

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. That means that they get more product options.

Retail 352
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Veteran sales executives part ways with Movement

Housing Wire

Movement, which focuses on the distributed retail channel, was the 15th largest U.S. HousingWire reported that the Sacramento-based lender instituted a round of layoffs in late November 2022, affecting 72 employees , per a document filed with the state’s Employment Development Department. The company originated $4.1

Retail 368
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Announcing the 2023 Class of Rising Stars!

Housing Wire

Name Job Title Company Name Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Alex Boand Managing Director of Correspondent Group Sales Pennymac Alison Flinn Chief of Staff Development Amherst Amanda Morrow Director of Investor Relations Atlantic Bay Mortgage Company Andres Munar Owner and President Co/LAB Lending Andrew Jewett (..)

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Presenting HousingWire’s 2021 Class of Rising Stars

Housing Wire

Retail Branch Manager. SVP, Agent Engagement & Development. Genworth Mortgage Insurance. EVP, Retail Lending. Alterra Home Loans. Alterra Home Loans. Senior Loan Officer. VP of Product Development. Company Name. Adam Greene. Sierra Pacific Mortgage. Alec Hanson. Alex Khorn.

Retail 386
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These mortgage lenders have cut jobs in 2022

Housing Wire

As of May 27, Iowa Workforce Development lists 49 layoffs at the Wells Fargo campuses in Des Moines and 34 employee reductions in West Des Moine. Layoffs included 17 associate loan servicing representatives and eight loan servicing representatives as well as senior operations processors and senior loan servicing representatives.

Mortgage 409
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PRMG’s John Ashley on cybersecurity and privacy

Housing Wire

So, we’re not little, but we’re not big, like some of these companies with 500 developers. We have a development team and so we have software developers, system analysts, business analysts, quality assurance testers, and people that manage deployments. We have smaller teams, but they’re very effective.

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Black Knight’s Empower offers an end-to-end digital platform that decreases friction in origination

Housing Wire

Empower, Black Knight’s loan origination system (LOS), offers an end-to-end digital platform that supports retail, consumer-direct, home equity, correspondent, wholesale and assumption channels – all in a single system. “A Craig Rebmann is responsible for building and enhancing Black Knight’s loan origination system, Empower.