Appraisal Buzz
JANUARY 18, 2022
Nicole McCrary has been promoted to vice president of compliance at Cherry Creek Mortgage , a nationwide, full-service mortgage lender. She joined Cherry Creek Mortgage in 2004 as a loan officer assistant. McCrary is an 18-year company veteran. She was previously assistant vice president of quality control.
Housing Wire
OCTOBER 13, 2021
Chicago-based mortgage originator Interfirst Mortgage Co. Funds managed by Oaktree Capital Management , MFA Financia l, various family offices, and other strategic investors invested through a StoicLane’s special purpose vehicle, StoicLane said. billion in loan volume between June 2020 and June 2021. and former U.S.
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Housing Wire
OCTOBER 28, 2022
Mortgage lender Homestar Financial Corporation on Friday announced appointing Gurp Bhandal as executive vice president of national production. Prior to HOMESTAR, he served as the executive vice president of retail production at AmeriSave Mortgage Corporation and area lending manager roles at Citi.
Housing Wire
FEBRUARY 15, 2023
” 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.”
Housing Wire
MAY 24, 2022
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.
Housing Wire
OCTOBER 1, 2022
The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Federal officials said similar banks generated five times as many loan applications from prospective Black and Latino home buyers as Lakeland.
Housing Wire
MARCH 11, 2024
In a competitive market where most borrowers are mortgage rate shopping, credit optimization can be the difference between closing a loan or losing out to an offer from a competitor. Much has changed in the mortgage market over the five years since our last major product launch.
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