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Cherry Creek Mortgage Promotes Nicole McCrary to VP of Compliance

Appraisal Buzz

She joined Cherry Creek Mortgage in 2004 as a loan officer assistant. Nicole McCrary has been promoted to vice president of compliance at Cherry Creek Mortgage , a nationwide, full-service mortgage lender. McCrary is an 18-year company veteran. She was previously assistant vice president of quality control.

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On Q Financial about Celebrity: “There’s nothing left to acquire”

Housing Wire

” Lamb said that On Q Financial was interested in acquiring eight of Celebrity’s production divisions employing between 300 and 350 loan officers. However, On Q Financial was not acquiring the loan pipeline or Celebrity’s equity. . “We’re trying to provide a landing spot.”

Retail 284
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Interfirst Mortgage raises $175 million

Housing Wire

It’s also made a push to hire teachers and first responders to be loan officers. billion in loan volume between June 2020 and June 2021. Since 2004, they claim to have created $4 billion in equity value to investors. Interfirst told HousingWire in August that it originated $1.65

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Homestar names Gurp Bhandal EVP of national production

Housing Wire

Other members include Jeff Waggoner, who joined in 2004 and currently leads over 158 employees, including 92 MLOs in 41 branch locations. Wendell Couch joined in 2008 and closed over $1 billion in loan production in 2021.

Retail 406
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Another lender settles redlining accusations with DOJ

Housing Wire

The DOJ said that all of Lakeland’s branches were located in majority-white neighborhoods and that its loan officers did not serve the credit needs of Black and Hispanic neighborhoods in and around Newark. Lakeland, a community bank, operates 68 branches in northern New Jersey and in New York’s Hudson Valley.

Law 407
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Lenders, reach more buyers with new credit optimization platform

Housing Wire

Mike Darne, CreditXpert Mike Darne: The What-if Simulator was first introduced to the market in 2004 and it allowed credit specialists to optimize a borrower’s credit score at the tradeline level. HW: CreditXpert has been in the industry since the early 2000s with tools like Wayfinder and What-if Simulator, why introduce a new platform now?

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Opinion: Why we need a mortgage rate reset

Housing Wire

What if that one loan turned into three to six loans? They went to their bank and get a 30-year fixed rate loan. By 2004, they heard they could refinance, possibly get some cash out. Some went risky with a popular ARM loan and got a 6.5% For starters, there will be fewer of us — loan officers, banks, brokers.

Mortgage 427