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Wyndham Capital Mortgage to have a new round of layoffs

Housing Wire

“Of these impacted employees, 38 work out of the facility or hybrid (office & remote) in North Caroline & South Carolina, and 10 are fully remote employees living in other states outside of the Carolinas,” Angela Fumo, senior vice president of human capital, wrote in the WARN notification reviewed by HousingWire.

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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 In November, Interfirst issued pink slips to hundreds of non-commissioned loan officers at its call centers in Charlotte, North Carolina and Rosemont, Illinois, according to WARN notices in both states.

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Some mortgage companies expanding despite challenges

Housing Wire

increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The expansion comes amid a surge in mortgage rates and declining loan origination volume. Nationally, there was a year-over-year decrease of 2.3%

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ChatGPT for Appraisers

Appraisal Today

Guest Residence was built in 2001 with quality wood frame construction, smooth stucco exterior siding, and clay roof. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 7.09 from 0.58 (including the origination fee) for 80 percent LTV loans.