2023 Contracts Investors 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. What I tell all loan officers, no matter who I talk to, is that there’s no foreclosure crisis coming on the horizon,” Saghafi said.
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. They (investors) are not scared of interest rates. “I’m
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Housing Wire
NOVEMBER 1, 2023
Michael Gifford and David Zvaifler‘s home equity investment company, Splitero , lost its main investor, Redwood Trust , HousingWire has learned. 16, Gifford said that Redwood stopped buying home equity investment (HEI) contracts prior to the launch of Aspire. During a phone interview with HousingWire on Oct.
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.
Housing Wire
OCTOBER 5, 2023
The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. That offering, Unlock HEA Trust 2023-1, is slated to close this week. Nearly half of those offerings, in terms of count and value, have played out this year, however.
Housing Wire
JUNE 13, 2023
This has resulted in the company closing branches and laying off loan officers on the retail side. The company expects a $5 billion volume in 2023, but 80% via brokers. EPM filed a counterclaim against JIM for breaching the sponsorship contract by changing the car’s driver starting May 2022.
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