Housing Wire
APRIL 2, 2024
New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area. billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area.
Housing Wire
APRIL 18, 2023
Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house. There are support staff that come along with them (loan officers). We’re growing quite a bit.
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Appraisal Today
MAY 10, 2024
VA’s Tidewater Initiative written in 2021 by McKissock (Similar idea as current ROV changes), effective in 2003. The mortgage loan officer handling the loan? It initially began as a test program in the early 2000s and was expanded to all areas of the country in 2003, as a result of VA Circular 26-03-11.
Housing Wire
DECEMBER 31, 2021
One of the ways that lenders “manage expenses” has historically been by laying off processors and loan officers. The second-lowest LO turnover rate was in 2003, at 31%. Industry experts also predict that home inventory will increase in 2022, creating more options for borrowers.
Appraisal Today
AUGUST 13, 2023
Built in 2003, the Mediterranean style primary residence totals 4, 050 sq. The purchase index fell for the fourth consecutive week, as homebuyers continue to struggle with low for-sale inventory and elevated mortgage rates.” It comes with a three-bedroom, Mediterranean-style mansion with 4,050 square feet of luxury living space.
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