Housing Wire
JANUARY 27, 2023
The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time. I thought it was sparse.
Housing Wire
AUGUST 10, 2022
“The most attractive thing about becoming part of PMG is having the resources to build a world-class, customer-centric organization the right way – one that is centered around partnering with Realtors and consumers,” Stamps said in a news release. “We The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.
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Housing Wire
SEPTEMBER 13, 2022
“Our industry is saturated with Realtors and loan officers. And I believe we went through a reset, the same way we did back in 2006 and 2007. Point Mortgage Corporation had 177 sponsored mortgage loan officers and licenses in 28 states by Sep.
Housing Wire
SEPTEMBER 22, 2022
Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. That’s going to be a new market for me Lonnie Glessner, loan officer at Draper and Kramer Mortgage Corp.
Housing Wire
JULY 15, 2022
This includes developing a stronger knowledge about mortgage products, origination, compliance and regulatory matters, how loan officers operate day to day and mortgage sales. Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash.
Housing Wire
DECEMBER 3, 2021
Reina Ramos: I don’t have a favorite article but rather enjoy and appreciate the coverage HW provides on all subject matters that are affecting the mortgage industry as well as Realtors. Compared to 2007 and 2008 there’s more due diligence in mortgage qualifying. HousingWire: What has been one of your biggest learning opportunities?
Housing Wire
MAY 3, 2023
The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. Lawrence Yun, the chief economist for the National Association of Realtors , condemned the May rate hike.
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