2023 Buyers Contracts Loan Officers 
Housing Wire
MARCH 5, 2024
Many investors had expected the Fed to cut benchmark rates as early as March, and loan officers had hoped to see a decline in mortgage rates that tend to move in tandem with long-term yields. Many of his buyers are still waiting for rates to come down before seeking preapproval for a mortgage.
Housing Wire
MAY 22, 2023
Top-producing loan officer Christopher Keelin has taken his 80+person team over to CrossCountry Mortgage to “take advantage” of the lender’s technology while scaling his business. He ranked 18th on Scotsman Guide ‘s 2023 top LO list. Keelin closed $57 million in volume in the first quarter of 2023.
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Housing Wire
JUNE 5, 2023
As with the rest of the country, the Chicago-area market is dealing with issues stemming from a lack of inventory , and until rates decline, it’s the first-time buyers that Lotsoff and Brok are primarily targeting for volume. Revolution, on the other hand, has been expanding its footprint by scooping up top loan officers in local markets.
Housing Wire
NOVEMBER 23, 2022
The seller, who struggled to find a buyer in a cooled down housing market, agreed to deposit a lump sum payment into an escrow account at closing – ultimately saving Davis $6,900 in monthly payments in the first two years. It gives the buyer and seller the feeling of beating the mutual enemy, ‘the market,’ and gaming the system.”.
Housing Wire
JULY 3, 2023
The lender brought on 100 loan officers in June, bringing the total number of LOs to about 800. We’ll reach out to those loan officers in markets where we have existing retail branch locations. Instead, tapping high-volume loan officers in targeted locations has worked for PrimeLending. “We
Housing Wire
MARCH 25, 2024
It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation , says he isn’t worried about a potential U.S. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. ban of the short-form video app.
Housing Wire
MARCH 8, 2023
However, a surge in demand for government loans and adjustable-rate mortgages (ARMs) played a role in last week’s increase. In addition, loan officers said that investors took advantage of a slower market. There were very low levels of mortgage applications in the weeks prior to the surprising uptick. from the week prior.
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