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NewRez restructures retail division, cuts senior managers

Housing Wire

Top 10 mortgage lender and servicer NewRez is restructuring its distributed retail mortgage business, which has resulted in cuts to regional and divisional managers. NewRez declined to comment on recent M&A rumors , but an executive said its retail platform is not for sale. That’s not an accurate statement.”

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The best real estate coaching programs for 2024

Housing Wire

Real estate is a vibrant, dynamic and competitive industry. Across the country, the best real estate coaches serve as valuable mentors who can help agents and brokers achieve the success they deserve. “It’s A quick internet search will prove that real estate coaching programs are plentiful.

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Retail reverse mortgage production took a hit in January

Housing Wire

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). on a per-unit basis.

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WFG acquires West Coast retail title operations from Doma

Housing Wire

announced on Tuesday the completion of an agreement for WFG to acquire certain branches of Doma’s West Coast local retail title operations. The deal includes multiple retail title locations and operations centers in the Northern and Central California regions. Williston Financial Group (WFG) and Doma Holdings, Inc.

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NYCB confirms cuts to retail mortgage channel after acquiring Flagstar

Housing Wire

(NYCB) confirmed it’s closing 69% of the retail home lending offices outside of its branches after acquiring Michigan-based Flagstar Bank. “We The acquisition also diversifies NYCB’s portfolio with warehouse lending business, commercial and industrial loans, commercial real estate loans and residential mortgage loans.

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The art of gift-giving in real estate: A personal touch

Housing Wire

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% In the world of real estate , transactions are not merely about properties but also the people behind them. By incorporating the principles of Giftology , real estate professionals can enhance the overall client experience.

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Angel Oak Home Loans announces exit from retail channel

Housing Wire

Angel Oak Home Loans will exit its retail distribution channel following a sale of its retail offices to an unknown lender and servicer. The transaction includes an acquisition of Angel Oak Home Loans’ brick-and-mortar retail offices and associated salesforce.”. Details of the deal were not disclosed. .

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