Remove 2017 Remove Development Remove Lending Remove Technology
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People movers: Notarize, RE/MAX and Planet Home Lending

Housing Wire

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Planet Home Lending has promoted four people to vice president positions, supporting the company’s continual growth.

Lending 288
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NAMB will focus advocacy on trigger leads, 3% QM rule

Housing Wire

As a part of NAMB’s 50th anniversary, the organization also entered into a partnership with Freddie Mac for a professional development program focusing on young leaders in the mortgage industry over the next year. NAMB and Freddie Mac will host events across the U.S. the newly appointed board president of NAMB.

Tools 389
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Quicken brand will be officially retired on July 31

Housing Wire

Five years after introducing the Rocket Mortgage brand for digital lending, Rocket Companies will finally retire the legacy Quicken name on July 31. “More than 20 years ago, Dan Gilbert, our founder and chairman, had a vision of putting the entire mortgage process online to simplify the lending experience and add more transparency.

Lending 382
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LoanLogics makes changes to key leadership

Housing Wire

Dave Parker understands the business side of mortgage lending and has brought to market new solutions that cut to the core of what the mortgage industry needs,” Neville said in a statement. Neville joined the company’s board of directors in 2017 as a mortgage industry veteran and was appointed president and COO in 2018.

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Interfirst to lay off 140 employees

Housing Wire

The company’s job cuts include human resources, technology, talent acquisition, and executive assistant positions. Presented by: Acra Lending. The company reduced its origination to $2 billion in 2016 before shutting down altogether in 2017. The workforce reduction is also focused on mortgage loan production.

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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

To run the hub, the company hired Casey Nunn, a former Rocket Mortgage and Homepoint executive, as the vice president of wholesale lending. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 379
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loanDepot plans to launch ‘digital’ HELOC in Q3

Housing Wire

In March, California-based loanDepot announced the creation of a division called mello, under the leadership of the digital-technology veteran Sidi. The new unit focuses on developing mortgage-adjacent lending products and services. He will focus on refining and building out the lender’s technology stack.