Housing Wire

JANUARY 19, 2024

In addition, Patriot Bank is required to have at least two mortgage loan officers to serve majority-Black and Hispanic neighborhoods in the Bank’s service area and employ a director of community lending – responsible for development of lending in communities of color.

Loan Officers 362

Loan Officers Lending Advertising Home Improvement 362

Housing Wire

DECEMBER 29, 2023

HousingWire interviewed a dozen loan officers and mortgage executives about their strategies for 2024, which mortgage products they expect to be in demand, and the magic rate needed to get sellers and buyers back in the market. A successful loan officer in this market needs a very capable qualified assistant.

Mortgage 438

Mortgage Loan Officers Inventory Business 438

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. The closer, the better.

Mortgage 519

Mortgage Marketing Retail Lending 519

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. Jumbo loan volume increased 3.1% At Finance of America , reverse mortgages have been a ??

Mortgage 384

Mortgage Loan Officers Finance Investors 384

PennyMac

APRIL 29, 2022

The interest, which is similar to a service charge you pay the bank for lending you money, must be paid as well.". Interest is determined by a number of factors: the state of the economy and other economic indicators, as well as more personal elements such as credit score, type of property and the loan-to-value (LTV) ratio."

Insurance 36

Insurance Mortgage Finance Loan Officers 36

Assurance Financial

JULY 27, 2021

A conforming loan aligns with the standards created by the Federal Housing Finance Agency. One of those standards is a loan limit for all loans that Freddie Mac and Fannie Mae purchase. As of 2021, the limit for a conforming loan is $548,250 * for a single-family home. Conventional Non-Conforming.

Mortgage 69

Mortgage Government Construction Insurance 69