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William Raveis acquires South Carolina-based Carson Realty

Housing Wire

Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee. According to a press release, this acquisition gives William Raveis a large market share increase in the Hilton Head and Bluffton areas of Beaufort County. Our business model is unique.

Realty 358
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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Business 404
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Guild acquires small retail lender Legacy Mortgage

Housing Wire

Acquisitive lender Guild Mortgage on Tuesday announced the acquisition of Legacy Mortgage , increasing its footprint in the Southwest. Legacy, headquartered in Albuquerque, New Mexico, was founded in 2002 and purchased by its CEO Jack Thompson in 2006. Guild acquired Inlanta Mortgage , expanding its presence in the Midwest.

Retail 383
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Nominations for the 2023 HW Finance Leaders award are now open

Housing Wire

And this year’s list will be even more robust as the nomination categories have been separated into both mortgage and real estate to welcome a broader pool of nominees. Since joining Fannie Mae in 2006, Halley has proven her ability to lead, taking over as executive vice president and chief financial officer in 2021.

Finance 402
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Celebrity Home Loans exits correspondent channel

Housing Wire

Mortgage lender Celebrity Home Loans shut down its correspondent channel and laid off employees on Tuesday. Amid a market downturn, the company has decided to focus on the retail lending business. “As Celebrity is “honoring all the locks in the pipeline, so no clients are disrupted,” Robnett wrote.

Retail 370
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Freedom Mortgage Wholesale Division offers brokers a comprehensive purchase and refinance product suite

Housing Wire

During this period of significant opportunity for purchase transactions and refinances, brokers and wholesale correspondents (non-delegated) need to align to wholesale lenders that provide deep industry expertise, comprehensive products and efficient operational support to support their clients’ strategies. 1 VA, FHA and GNMA lender.”.

Mortgage 199
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The housing industry will soon be up in ARMs

Housing Wire

If there’s a bet to be made on the future of the non-agency lending space, it’s that the adjustable-rate mortgage (ARM) will become far more popular this year as purchase mortgages increasingly dominate a housing market pivoting to an up-rate environment. ARMs came up at almost every meeting, so it’s very relevant.”.