Remove Business Remove Contracts Remove Loan Officers Remove Training
article thumbnail

Motto sues UMortgage for ‘tortious interference’ in franchise contract

Housing Wire

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. According to a lawsuit filed in March in a U.S

Contracts 376
article thumbnail

Longbridge Financial marks two years of national field sales

Housing Wire

Two years later, the division has proven to be a key player in the business at Longbridge. To mark the anniversary of the launch and the posture of the wider industry that has evolved during that time, RMD sat down with Parks to discuss how the business has progressed and what it’s looking to accomplish in the future.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Translate housing industry skills into your next career move

Housing Wire

They value a previous underwriter, loan officer or real estate agent’s experience in the industry because these candidates have a deep knowledge of the inner workings of the business. That vast experience could be just what a rookie agent or loan officer needs.

article thumbnail

Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 Godin made plans to relaunch the business in late 2019 as a tech-forward lender that originated loans across both wholesale and retail channels. I think 99% of the loans that I was writing there were refinances.

Mortgage 365
article thumbnail

Buydowns become key for buyers to beat the market

Housing Wire

As rates increase and housing prices correct in 2023, sellers will want to take advantage of improving their chances to do business with an excited buyer who can obtain a lower than market rate with seller participation,” Jeff Miller, vice president of Pacific Northwest at Churchill Mortgage , said. Lenders seize opportunity for lost volume.

Buyers 464
article thumbnail

How PCV Murcor provides high level of customer service

Housing Wire

“And while there’s little we can do to control turnaround times because there’s a supply issue, we provide clear communication and provide our clients the detailed data and information needed to help them manage their business and expectations.”. Not to mention, some appraisers have contracted with PCV Murcor for over 20 years.

Clients 382
article thumbnail

Borrowers want consistency through the lending process – Here’s how to give them that

Housing Wire

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Because as much as automation is a long-term vision, it’s also about lenders proving value to the business as they move along the course.”. State of Mortgage Automation.

Lending 404