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Lone Peak Lending joins Panorama Mortgage Group

Housing Wire

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Donovan Stamps, a 27-year mortgage veteran with stints at Stearns Lending , SoFi Mortgage , First Guaranty Mortgage Corp. The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.

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Texana Bank to trim workforce in California

Housing Wire

Lauren Witherspoon, director of human resources, wrote: “Circumstances will force Texana Bank to conduct layoffs,” taking place Sept. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff. Employees on the technology, marketing and human resources teams are on the list.

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How Blend plans to survive a shrinking mortgage market 

Housing Wire

Publicly traded mortgage tech company Blend Labs isn’t changing its strategy to survive a shrinking mortgage market, even though a drop in originations is sapping its revenue stream and forcing it to trim its workforce. Blend claims it grew its mortgage market share from 10% in 2020 to 15% in 2021.

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Announcing the 2022 Women of Influence

Housing Wire

ICE Mortgage Technology. Senior Vice President and Chief Human Resources Officer. Chief Lending Officer. Branch Manager and SVP of Mortgage Lending. Chief Marketing Officer. ICE Mortgage Technology. Chief Technology Officer. Aslan Home Lending Corporation. Bright MLS. Courtenay Dunn.

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Here are the 2022 HousingWire Vanguards!

Housing Wire

Each year, the HousingWire Vanguards represent an elite group of industry executives who are moving the housing market forward. Head of Neighborhood and Community Lending. Built Technologies. Chief Technology Officer. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending.

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Interfirst to lay off 140 employees

Housing Wire

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns.

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Pennymac plans to lay off another 207 employees

Housing Wire

Top management jobs, such as vice presidents for underwriting and partial credit guarantee (PCG) transaction management, will also be reduced, according to Stacy Diaz, executive vice president of human resources at PennyMac, in letters to the EDD. Among its multi-channel production business, Pennymac’s consumer direct market rose to 1.7%