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Guaranty Home Mortgage hires EVP to expand retail channel

Housing Wire

The lender offers a variety of mortgage products, including conventional, FHA, VA, jumbo, rural development loans. He was in charge of growing the mortgage banking platform and focusing on branch development within the middle Tennessee area. After posting production volume of $148.76 Guaranty Home Mortgage originated $68.76

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Interfirst to lay off 140 employees

Housing Wire

issued pink slips to over 350 non-commissioned loan officers, a workforce reduction that former workers claimed to represent more than half of Interfirst’s entire staff. Interfirst is a mortgage business founded in 2001 by Dmitry Godin that has been harmed before by market downturns. Six months ago Interfirst Mortgage Co.

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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.

Mortgage 375
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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.

Mortgage 359
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A look behind this year’s Tech100 winners

Housing Wire

million investment in eOriginal, a multi-year Tech100 winner that developed a ‘simple closing experience for lenders, borrowers and settlement agents.’ Certain Fiserv clients have expanded their active QC review from 10% of loan volume to 100% without increasing staff. In 2016 LLR led a $26.5 This could be read through a negative lens.

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Ways to Save for a Down Payment

Assurance Financial

Paying for small, everyday purchases with cash can help you develop self-discipline and prevent you from spending money you could otherwise put toward saving for your down payment. If you have or will be receiving a gift from your family to help with your down payment, include this amount on your mortgage loan application.

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Opinion: Solutions to restore housing as an economic growth engine

Housing Wire

in 2001 to 44.8% Incentivizing developers is necessary. To stimulate production, local governments can incentivize developers to set aside affordable housing for underserved households, especially by granting tax breaks and density bonuses. Black homeownership rates have declined from 48.4%

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