2008 Legal Lending Loan Officers 
Housing Wire
DECEMBER 20, 2023
Mortgage rates had climbed close to the 7% range and he was determined to remain competitive on pricing with rival loan officers in North Carolina. After Mike paid his loan officer assistant, he was clearing just 40 bps. The lower comp rate stung. Still, it was better than nothing.
Housing Wire
NOVEMBER 17, 2023
The transition of three veteran sales executives from South Carolina-based lender Movement Mortgage to its California competitor Summit Funding led to a legal battle over poaching. Increasing the tone of the legal battle, Pennington filed a counterclaim against Movement requesting about $9.8 Shelton declined to comment.
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Housing Wire
FEBRUARY 13, 2023
Darren Heitner, JIM’s attorney and founder at Heitner Legal , P.L.L.C, Perez, who founded EPM in 2008, said he admired Jesse Iwuji’s personal story, according to the lawsuit. The company has 13 branches with 50 active loan officers, the data shows. It’s mostly known for wholesale lending.
Housing Wire
NOVEMBER 23, 2022
Over the last year, it has also sold off large chunks of the business – including sub-servicing with ServiceMac and delegated correspondent to Planet Home Lending – which accounts for several thousand workers transitioning to new firms. Since relaunching operations, Interfirst also hired teachers and first responders to be loan officers.
Housing Wire
AUGUST 31, 2022
According to MBA’s Quarterly Performance Report (QPR), net production income has averaged 54 basis points since 2008. The first category is real estate credit, which covers most establishments focused on lending with real estate as collateral. It is also unclear in the BLS data how mortgage loan servicing personnel are categorized.
AmeriMac
SEPTEMBER 1, 2021
However, they were not widely used until after the mortgage crisis in 2007 and 2008. In 2009, Freddie Mac and Fannie Mae, government housing lending institutions, the Federal Housing Finance Agency (FHFA) and the New York Attorney General got together to create the Home Valuation Code of Conduct (HVCC).
AmeriMac
MARCH 15, 2024
The concept of AMCs was developed in the 1970s but didn’t gain widespread use until after the financial crisis in 2007-2008. The Appraisal Process Explained The appraisal process is a crucial step in determining the value of a property for various purposes, including mortgage lending.
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