Housing Wire

FEBRUARY 7, 2023

The lender originated approximately $309 million in mortgages in 2022, according to data from mortgage technology platform Modex. The company has 39 active loan officers across its retail branches, according to Modex data. The distributed retailer’s volume slipped to $2.7 Terms of that deal were also not disclosed.

Retail 384

Retail Mortgage Loan Officers Technology 384

Housing Wire

SEPTEMBER 7, 2023

The Atlanta-based lender has fully exited the retail channel, a change in strategy the company has been preparing for over the past few months. EPM’s CEO Eddy Perez had previously shared plans with HousingWire to double down on wholesale while scaling down its retail footprint. It’s all about the consumer. EPM originated $1.05

Retail 397

Retail Loan Officers Business Lending 397

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief innovation officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

Lending 364

Lending Retail Technology Mortgage 364

Housing Wire

JUNE 23, 2023

HousingWire reached out to 2019 HW Insiders honoree Jemma Pachiano , chief inspiration officer at Legend Lending. In April of 2022, the retail division of Mid America Mortgage, Inc. was acquired by Legend Lending Corporation. I was then promoted to chief innovation officer of Legend Lending Corporation.

Lending 361

Lending Retail Technology Mortgage 361

Housing Wire

MARCH 16, 2022

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.

Retail 422

Retail Loan Officers Brokerage Technology 422

Housing Wire

MARCH 15, 2021

What happens when borrowers can’t or won’t walk into a lending branch? HousingWire recently sat down with Insellerate CEO Josh Friend to discuss that very question and what strategies retail lenders should look to adopt from direct-to-consumer lending. Retail lenders originate loans through their in-person retail branches.

Lending 397

Lending Retail Mortgage Loan Officers 397

Housing Wire

AUGUST 7, 2020

In today’s low-rate environment, wholesale mortgage lending continues to grow, making up more than 20% market share. Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders.

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

FEBRUARY 16, 2022

HousingWire recently sat down with Steve Meirink, executive vice president and general manager, Compliance Solutions, Wolters Kluwer’s Governance, Risk and Compliance Division, to discuss the impact of digital technology on mortgage and the future of digital lending in an era of accelerated innovation and digital transformation.

Lending 377

Lending Technology Tools Loan Officers 377

Housing Wire

MAY 7, 2024

The increased awareness around these benefits have positioned brokers to be the obvious choice when it comes to consumer mortgage needs, keeping them competitive with large banks and retail lenders. Similar to consumer awareness, retail LO’s are learning the benefits of being independent.

Retail 446

Retail Marketing Loan Officers Government 446

Housing Wire

JANUARY 10, 2024

Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Additionally, the platform is accessible to all users, regardless of their current loan origination software.

Retail 414

Retail Lending Design Technology 414

Housing Wire

MAY 2, 2024

. “The transition just became along the lines of the team’s ability to have a product suite and technology.” Potempa mainly focuses on the government lending space, which represents 60% of his total volume, he said. ” According to Scotsman Guide , Potempa was the No.

Loan Officers 419

Loan Officers Mortgage Retail Lending 419

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. In the current environment, a rigid, static technology stack can prove fatal.

Technology 410

Technology Retail Lending Design 410

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

Lending 312

Lending Retail Development Realty 312

Housing Wire

JANUARY 4, 2021

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). Citadel resumed non-QM lending in the summer. ” Doug Perry, Citadel’s managing director of wholesale and retail, said the company expects to fine-tune its plan as the country recovers from the virus.

Lending 382

Lending Investing Business Retail 382

Housing Wire

APRIL 17, 2024

Tennessee-based multichannel mortgage lender First Community Mortgage announced on Wednesday that it has selected the Blue Sage Solutions digital lending platform and its LION Consumer POS to help scale its growth efforts across the 48 states it operates in. In FCM’s case, this also includes interim servicing.

Business 421

Business Loan Officers Mortgage Lending 421

Housing Wire

SEPTEMBER 14, 2020

In fact, the changes we’ve seen since the advent of the global pandemic are significant enough to serve as a catalyst that will drive all lending digital. The trends and lending requirements I’ve highlighted below became important long before the coronavirus made it to the U.S. Peering into the future of lending.

Lending 466

Lending Mortgage Technology Business 466

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

APRIL 3, 2023

SoFi Technologies announced Monday that it had acquired fellow digital lender Wyndham Capital Mortgage in an all-cash transaction. There were several rounds of layoffs last year at the Charlotte, North Carolina-based retail lender, which has a direct-to-consumer model as well as nine retail branches.

Retail 374

Retail Mortgage Technology Lending 374

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

Retail 397

Retail Mortgage Lending Renovations 397

Housing Wire

APRIL 30, 2024

In November 2023, Lower announced the acquisition of Colorado-based Universal Lending Home Loans , which became a separate division. Universal president and industry veteran TJ Kennedy leads its retail and wholesale channels. Founded in Denver in 1981, Universal added 60 loan officers to Lower.

Retail 419

Retail Loan Officers Lending Mortgage 419

Housing Wire

MARCH 12, 2024

Last year, Homepoint shut down operations, while Wells Fargo closed its correspondent lending business. They are typically buoyed by scalable technology platforms, diversification from servicing cash flows, relatively low corporate leverage, and access to liquidity that affords them the flexibility to withstand market cycles.

Mortgage 466

Mortgage Marketing Retail Lending 466

Housing Wire

OCTOBER 12, 2021

The home lending industry has a massive opportunity to digitalize to create efficiencies and to deliver a simpler end-to-end user experience hat would benefit both borrowers and servicers. Digitalization in the home lending industry does not always require companies to entirely invent new technology solutions.

Lending 363

Lending Technology Investing Loan Officers 363

Housing Wire

AUGUST 31, 2023

. “This merger ensures our customers will continue to receive access to the products, services, and technology they need while maintaining the relationship-driven, hands-on service they’ve come to expect,” Dionise said in a statement. Mars Bank held $520.8 million in assets as of June 30, 2023.

Retail 390

Retail Lending Construction Technology 390

Housing Wire

NOVEMBER 13, 2023

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” In reality, the LOS is not the problem; the technology is doing exactly what it was designed to do. The LOS is a foundational piece of technology for every lender.

Technology 408

Technology Design Lending Real Estate Agent 408

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. “But given how hard this market has been and that scale is becoming more important with technology, smaller companies are under more pressure.

Mortgage 418

Mortgage Retail Lending Sellers 418

Housing Wire

MARCH 23, 2021

retailers and e-commerce merchants, and every $1 of fraud now costs $3.36, up from $3.13 As origination volumes hit record highs in 2020, Truework’s verification experts saw a spike in fraud in mortgage lending, and expect that trend to continue this year. across U.S. How lenders can prepare for growing fraud threats.

Lending 449

Lending Mortgage Sellers Technology 449

Housing Wire

MARCH 30, 2023

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. In addition, the company’s CEO, Peter Norden, will act as executive advisor to CMG’s retail division to ensure a successful transition. mortgage lender by volume last year.

Retail 409

Retail Loan Officers Legal Technology 409

Housing Wire

OCTOBER 18, 2023

For years broker channel evangelists told me that a down market would give them an edge on their retail brethren. I asked the good folks at mortgage data technology firm InGenius to run the numbers. A significant number of retail lenders were purpose-built to pump out huge refi volumes with a call center model. Take a look.

Retail 515

Retail Loan Officers Brokerage Mortgage 515

Housing Wire

APRIL 18, 2024

expanding its mortgage retail lending footprint in the communities in which it operates. The deal included the bank’s consumer-direct technology platform. Florida-based First Federal Bank announced on Thursday that it struck a deal to acquire Watson Mortgage Corp., The financial details of the deal were not disclosed.

Mortgage 419

Mortgage Realty Loan Officers Retail 419

Housing Wire

FEBRUARY 14, 2024

is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. The acquisition of Academy’s retail assets is scheduled to close by the end of February. Guild Mortgage ’s acquisition of Academy Mortgage Corp.

Retail 421

Retail Mortgage Loan Officers Construction 421

Housing Wire

MARCH 7, 2022

Lenders One Cooperative announced on Monday that it has struck a deal to lease retail space in Walmart stores to sell mortgage products and services. ” Walmart isn’t the first warehouse-style retailer to offer mortgage products on location. Members can order and receive cooperative solutions without human intervention. .

Retail 466

Retail Mortgage Lending Real Estate 466

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.

Mortgage 372

Mortgage Retail Technology Lending 372

Housing Wire

MARCH 1, 2021

Fred Bolstad, executive vice president of retail lending at U.S. He leads both retail sales and operations, a channel that originated over $47 billion in 2020. Bank Home Mortgage , will speak on a panel titled What Mortgage Tech is Solving Now at HousingWire’s Spring Summit on March 4.

Retail 397

Retail Lending Loan Officers Technology 397

Housing Wire

FEBRUARY 10, 2023

Innovative technology is imperative to the mortgage industry with more and more applicants taking advantage of online options offered by lenders,” GHMC president and CEO Chip Adkins said in a prepared statement. The company has 48 state licenses, three retail branches and 13 loan officers. The company had production volume of $148.76

Retail 370

Retail Tools Loan Officers Design 370

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. Capturing leads with tech Another priority for the lender is procuring leads through its proprietary technology.

Loan Officers 397

Loan Officers Agents Retail Technology 397

Housing Wire

OCTOBER 4, 2022

Head of Neighborhood and Community Lending. Built Technologies. Chief Technology Officer. Senior Executive Vice President, President of Residential Servicing and Correspondent Lending. SRE Technologies. Supreme Lending. Head of Home Lending. Planet Home Lending. President, Retail.

Human Resources 410

Human Resources Lending Real Estate Technology 410

Housing Wire

SEPTEMBER 1, 2023

Through the development of improved and sophisticated systems, protocols and technology, these operations leaders are driving their companies to growth and success. In its 8th year, the HW Insiders program is spotlighting the talented operations professionals who are laying the foundation of success for their organizations.

Technology 450

Technology Development Real Estate Realty 450