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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Production declined 25% to $5.49 billion in 2022 from the previous year’s volume of $7.29

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AmeriHome puts emphasis on long-term client relationships and scalability

Housing Wire

As one of the largest correspondent investors in the country, AmeriHome is focused on being a consistent, reliable partner to its clients. In the COVID-19 era, that means AmeriHome has spent even more time listening to what clients need and adapting their products and services to help clients navigate constantly changing lending conditions.

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How the homeowner management approach builds a moat around real estate businesses

Housing Wire

Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions. The newest prop tech applications to moat the client relationship are home management tools. Offer bundled services options.

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Has your banking partner come of age?

Housing Wire

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. DB: Warehouse lending has evolved beyond traditional boundaries.

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Leadership lessons learned from team sports

Housing Wire

What the Ernst & Young study showed was that women who are high school and college athletes are also being coached on how to be leaders in the business world. It ensures team members understand their duties and responsibilities, helps build quality client relationships and creates a positive work environment. Perspective.

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Deephaven Mortgage offers hands-on training to help brokers gain expertise with non-QM product offerings

Housing Wire

With more hopeful homeowners searching for non-traditional lending solutions, brokers are looking to partner with wholesale lenders that can offer unique options. Brokers who are new to non-QM are eager to offer these loans to grow their value and their business. Shelly Griffin, Senior Vice President, Client Development.

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How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments. Next, ask potential BBYS vendors how they collect, retain, and safeguard your clients’ data. For out more: The Trade-in Mortgage, powered by Calque.

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