article thumbnail

Real estate brokerage Radius unveils mortgage-lending arm

Housing Wire

Tech-focused real estate brokerage Radius , flush with $14 million in venture capital raised this past April, has launched a mortgage lending arm in California that it plans to roll out to additional markets sometime next year. Presented by: Axis Technical Group.

Brokerage 397
article thumbnail

Why non-QM lending is not going away

Housing Wire

HousingWire recently spoke with John Jeanmonod, Regional Vice President of Sales at Angel Oak, about non-QM lending and the outlook for the second half of 2022. One great idea is setting up meetings and having an experienced account executive in non-QM present as the expert on their behalf.

Lending 384
Insiders

Sign Up for our Newsletter

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

article thumbnail

Non-QM lender Citadel Servicing rebrands as Acra Lending

Housing Wire

Citadel Servicing Corporation (CSC) , one of the country’s largest non-QM lenders , is rebranding as Acra Lending (Acra). As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Presented by: WFG. Citadel resumed non-QM lending in the summer.

Lending 433
article thumbnail

Here’s how a mortgage coaching platform wants to carve out a niche in a competitive market

Housing Wire

The Loan Atlas niche is served by its coaching faculty, consisting of 19 top mortgage originators and executives from various lending companies, according to Braheem. It’s still a tough time in the industry as some of Braheem’s clients are down to five closings per month, although some are still closing up to 30 loans a month.

Mortgage 410
article thumbnail

A guide to choosing the right non-QM lending partner

Housing Wire

These issues, and others, have made non-QM a go-to solution for originators to close loans for their clients. Here is where it gets murky – choosing the right non-QM lending partner! Having this removed from your plate frees up time to focus on prospecting or servicing other clients. Almost weekly?

Lending 370
article thumbnail

JPMorgan Chase amps up correspondent lending

Housing Wire

As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry. Presented by: WFG. The post JPMorgan Chase amps up correspondent lending appeared first on HousingWire. WFG reports its highest volume months ever during Q2 and Q3 of 2020.

Lending 380
article thumbnail

Sales Boomerang’s automatic borrower intelligence system works to boost its clients’ customer retention

Housing Wire

The lending industry is notorious for its poor customer retention – in fact, only 1 in 5 borrowers return to their original lender for a subsequent loan. Our clients retain as high as 65% or more of their past customers. The result is that for every $1 our clients pay us, we return $20 of profit to them,” says Kutsishin.

Clients 384