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Guaranty Home Mortgage hires EVP to expand retail channel

Housing Wire

His career also includes senior management roles at First Community Mortgage , Elite Mortgage Services and Ace Mortgage Funding since 2001. Guaranty Home Mortgage has 48 state licenses, has three retail branches and 13 loan officers. Like its competitors, Guaranty Home Mortgage was affected by rising mortgage rates in 2022.

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Consumer direct mortgage lender lays off 35 LOs

Housing Wire

Pink slips arrived for nearly three dozen loan officers at Wyndham Capital Mortgage on Wednesday, HousingWire has learned. The consumer direct mortgage lender, headquartered in Charlotte, North Carolina, said it laid off 35 LOs across its offices in Dallas, Charlotte, Salt Lake City, Kansas City, and Phoenix.

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Guaranteed Rate acquires DTC lender Owning Corporation

Housing Wire

With the acquisitions of Stearns and Owning, Guaranteed Rate now has a stable of profitable joint-ventures , some of the nation’s top-producing retail loan officers , access to the wholesale channel and a stronger direct-to-consumer platform to grow its refi business. It grew nearly 100% in 2020.

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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. Steinway is the sole loan officer in his branch and is supported by the rest of his five team members, who primarily focus on marketing its realtor relationships.

Mortgage 370
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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.

Mortgage 393
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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 382