Housing Wire
MARCH 21, 2024
While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI). on a per-unit basis.
Housing Wire
MARCH 15, 2024
In fact, there aren’t many mortgage lenders, builders or real estate brokerages that haven’t at least fleetingly entertained the notion. Office buildings, retail spaces, industrial complexes and other CRE properties generally command higher price tags and offer greater revenue-generating potential compared to residential properties.
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Housing Wire
AUGUST 7, 2020
Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. We’re not out building a retail person’s name. I mean we’re talking up to 30 years,” Nichols said.
Housing Wire
JUNE 5, 2023
Desmond Smith: There are two ways to get a mortgage — wholesale or retail. Retail lending is when you walk into a bank branch or go to an online lender, and they help you get a mortgage. Consumers who use a mortgage broker instead of a retail lender save $9,400 over the life of the loan and that increases to $10,400 for minorities.
Housing Wire
JULY 24, 2023
Side’s thesis is: teamerages are the future,” Steve Capezza, the president of white-label brokerage Side , said. If a team leaves a big brokerage to become a standalone brokerage, then they are an independent brokerage. But what exactly is a teamerage and what sets it apart from a real estate team?
Housing Wire
APRIL 24, 2024
I don’t do that so much internally right now because we’ve got this separation in retail and wholesale, but my job is to do that for the partners and for the 86,000 loan officers out there not offering reverse mortgages. I knew the first thing we needed to do was to combine our training and marketing approach,” he said.
Housing Wire
SEPTEMBER 2, 2022
National Head of Brokerage. SVP, Retail Lending Analytics Manager. SVP, Retail. EVP, Training and Operational Support. Managing Director, Capital Markets. Finance of America Mortgage. Caleb Mittelstet. Carrie Koester. Head of Product Marketing Strategy. Chelsea Goyer. Senior Director of Strategic Growth and Acquisitions.
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