Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed. million in cash.

Retail 392

Retail Mortgage Lending Renovations 392

Housing Wire

FEBRUARY 21, 2024

“Over the past couple of years, I have learned that Guaranteed Rate is truly the company with all the tools and the platform to help originators grow their business and provide the best service for customers and clients.” Since leaving Guaranteed Rate, Nelson held executive positions at Nations Lending and Movement Mortgage.

Retail 400

Retail Tools Lending Clients 400

Housing Wire

JUNE 20, 2023

Smith, whose experience includes leadership roles at companies such as Keller Williams and CitiMortgage , will oversee the strategy and execution of originations, fulfillment, servicing and warehouse lending. Meanwhile, the retail channel was responsible for $1.3 The company’s volume comes mainly from third-party originators.

Business 316

Business Mortgage Retail Lending 316

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HousingWire: What role has wholesale lending historically played in the mortgage ecosystem?

Mortgage 337

Mortgage Retail Lending Loan Officers 337

Housing Wire

JANUARY 4, 2021

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. Citadel resumed non-QM lending in the summer. Presented by: WFG.

Lending 308

Lending Investing Business Retail 308

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. With the deal, Maxwell expanded its secondary market platform to add more than 180 clients.

Technology 336

Technology Retail Lending Design 336

Housing Wire

MARCH 23, 2021

mortgage sales , where he led distributed retail sales, direct to consumer sales, strategic market business development, community reinvestment strategy and sales support. mortgage sales, Wayman was a division lending executive on the East Coast, which includes the New York, New Jersey and North East Suburban markets. retail banks.

Retail 461

Retail Mortgage Clients Lending 461

Housing Wire

APRIL 8, 2021

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank’s more traditional retail arm.

Retail 329

Retail Lending Clients Finance 329

Housing Wire

JANUARY 15, 2021

Its retail originations actually fell slightly in the fourth quarter, likely due to a rise in coronavirus cases across the country (see page 15). Overall, retail originations declined to $20.1 As the company celebrates its 10th anniversary, WFG continues to look for new ways to serve its clients, consumers and industry.

Lending 254

Lending Retail Valuation Mortgage 254

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. Guild, the most active lender in terms of M&A deals on our list, wants to expand its retail business model nationwide to gain market share.

Mortgage 362

Mortgage Retail Lending Sellers 362

Housing Wire

AUGUST 10, 2022

Amid a market downturn, the company has decided to focus on the retail lending business. “As As one of the few retail lenders that saw production grow from Q1 to Q2, we’ve decided to keep our focus on our greatest strength: retail lending,” David Robnett, chairman and CEO, wrote in a statement.

Retail 322

Retail Lending Mortgage Business 322

Housing Wire

MARCH 5, 2024

The Money Store boasts a nimble lending platform, transparent loan process and highly competitive rates. With their incredible resources, we’re now equipped to serve our clients and partners better than ever before,” Abraham said in a LinkedIn post on Tuesday. Data shows that the lender has 28 branches and 100 active loan officers.

Loan Officers 346

Loan Officers Retail Lending Mortgage 346

Housing Wire

APRIL 12, 2024

We do not know how these factors will play out, but we must prepare the Firm for a wide range of potential environments to ensure that we can consistently be there for clients,“ Dimon said in a prepared statement. All of its production in Q1 2024 came from its retail branches and was mainly focused on purchase loans. Regarding the U.S.

Mortgage 361

Mortgage Retail Lending Business 361

Housing Wire

APRIL 2, 2024

Larry Steinway, VP producing area sales manager at New American Funding He joins NAF from Revolution Mortgage , where he served as branch production sales manager and SVP of mortgage lending for a little over a year. Most recently, NAF acquired $2 billion Chicago-based retail shop Draper & Kramer Mortgage Corp.

Loan Officers 340

Loan Officers Retail Finance Buyers 340

Housing Wire

DECEMBER 12, 2022

Despite struggles in retail and wholesale, Pennymac has remained a standout in the correspondent channel, in which lenders aggregate loans from smaller originators. Meanwhile, the retail channel’s market share slipped to 56% of the overall originations pie in the third quarter of 2022. Bank Home Mortgage and Planet Home Lending.

Marketing 363

Marketing Lending Retail Clients 363

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. It just has not gone well.”.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

JUNE 29, 2023

We’re thrilled to offer our clients the efficiencies and conveniences that this partnership brings,” MaryKay Theriault , director of product management at Finastra, said. ” Finastra’s MortgagebotLOS, a web-based mortgage lending platform, supports retail, wholesale, and correspondent business channels. .

Lending 298

Lending Tools Retail Clients 298

Housing Wire

APRIL 27, 2021

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. It’s the latest in a string of big M&A deals in the mortgage lending space – and the growing wholesale channel in particular – over the past six months.

Finance 367

Finance Lending Retail Renovations 367

Appraisal Buzz

JANUARY 20, 2022

Factual Data , a provider of credit and verification services to the lending industry, has conducted a credit integration with Newgen Software’s commercial loan origination system (LOS). Many of Newgen’s clients were previously handling the commercial lending journey using manual, time-consuming methods.

Retail 195

Retail Lending Clients Appraisal 195

Housing Wire

JANUARY 12, 2024

billion in home loans, representing only 23% of the $108 billion volume in the previous year, when it was still the kingfish in correspondent lending. But the retail channel also declined – to $24 billion in 2023 from $64 billion the previous year – due in large part to higher rates. Home lending revenues declined to $3.3

Mortgage 361

Mortgage Lending Retail Business 361

Housing Wire

FEBRUARY 9, 2023

The merger will result in an “increased lending footprint” to better serve clients, Paul Kessel, president of American Portfolio, said in a statement. Lisa Thomas, chief executive officer of Town Square, added that the deal also brings “a portfolio of expanded loan products backed by a lending platform with state-of-the-art technology.”

Mortgage 328

Mortgage Retail Loan Officers Lending 328

Housing Wire

JUNE 6, 2023

“You can lend where you live and continue to build relationships with clients and real estate agents in your community. We have Rocket retail, and we compete,” Fawaz said. The company is looking for someone who has a “proven track record generating organic referrals” that result in closings.

Loan Officers 281

Loan Officers Mortgage Retail Real Estate Agent 281

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 367

Loan Officers Retail Clients Real Estate Agent 367

Housing Wire

JULY 16, 2021

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. Unclear is what pressure eXp’s agents may feel to direct their clients to Success.

Mortgage 377

Mortgage Lending Brokerage Agents 377

Housing Wire

MARCH 14, 2023

Ravi Patel, a top loan officer and former senior vice president of mortgage lending at Guaranteed Rate , and his team, have moved to UMortgage, according to a statement issued on Monday. Together, we’re going to continue to create a better mortgage experience for our clients and referral partners.”

Loan Officers 370

Loan Officers Retail Brokerage Lending 370

Housing Wire

AUGUST 30, 2022

FormFree’s AccountChek, a service that allows lenders to verify borrower’s assets, income, employment and rent payment history, is used by retail, wholesale and correspondent originators. It will now be integrated with Docutech’s Solex , an end-to-end eClose solution that allows lenders to work with only one vendor for closng.

Retail 362

Retail Lending Mortgage Clients 362

Housing Wire

AUGUST 1, 2023

To gain insight into how Rocket plans to strengthen its local presence to capture purchase volume, HousingWire spoke to more than a dozen former Rocket employees, current retail loan officers and mortgage brokers who have been contacted by Rocket recruiters to join its local initiative. In retail originated loans, [lenders] own the customer.

Loan Officers 343

Loan Officers Retail Real Estate Agent Real Estate 343

Housing Wire

FEBRUARY 5, 2024

“While we do not comment on pending litigation, Guild’s long-standing reputation for doing what’s right is built from our core values of integrity and respect, and we are committed to those values with every employee, client, and partner,” Guild said in a statement. Seely’s attorneys did not immediately respond to requests for comments.

Retail 358

Retail Contracts Loan Officers Mortgage 358

Housing Wire

MARCH 27, 2024

The company recently hired reverse mortgage industry veteran Ken Krajewski to serve as its managing director and head of reverse mortgage lending. Business alignment Krajewski most recently served as vice president and head of reverse mortgage lending at University Bank , and he joined US Mortgage earlier this month.

Business 364

Business Mortgage Loan Officers Training 364

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. But the client gets to benefit from that.” The lender has about 80 loan officers and aims to hire up to 100 in states.

Loan Officers 361

Loan Officers Agents Retail Technology 361

Housing Wire

JUNE 30, 2021

Now, the focus is on the hot purchase market, and brokers are looking for solutions outside the conventional conforming product box to assist their client base. From loan submission to servicing loans, its end-to-end, customer-first lending process is all about ease, quick turn times, and transparency.

Finance 278

Finance Lending Clients Technology 278

Housing Wire

MARCH 2, 2021

Effective Tuesday, Rocket Pro TPO broker partners can offer their clients a new jumbo product, called “Jumbo Smart.” HousingWire recently sat down with Tom Hutchens, Angel Oak EVP of production, who shared how non-QM lending could be an effective way for lenders to replace lost business in the event of a refi boom slowdown.

Mortgage 353

Mortgage Clients Lending Business 353

Housing Wire

JUNE 5, 2023

Direct retail lender Revolution Mortgage has scooped up two of loanDepot ‘s top LOs, accelerating its plans to expand market share despite a tough origination environment. The first transaction is the most important, but we want to make sure we have a relationship with you afterward.

Loan Officers 363

Loan Officers Mortgage Lending Retail 363

Housing Wire

JUNE 8, 2021

Regions Bank is looking to make a big dent in the home improvement lending space , striking a deal to acquire EnerBank USA for $960 million in cash. EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. It will maintain its headquarters in Salt Lake City.

Renovations 323

Renovations Home Improvement Marketing Finance 323

Housing Wire

JULY 31, 2023

“Flagstar is an originator and servicer that also provides financing solutions through its warehouse and MSR lending businesses,” Smith said. “We And now, thanks to our acquisitions from Signature, we also can offer cash and treasury management services that focus on mortgage clients and businesses.”

Mortgage 306

Mortgage Clients Business Investing 306

Housing Wire

JULY 1, 2022

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. First Vice President, Marketing, Retail Lending. Angel Oak Lending. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory.

Marketing 383

Marketing Realty Real Estate Lending 383

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370