Housing Wire
MAY 24, 2024
Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. The lender also provides rate-and-term and cash-out refinancing, along with construction and renovation loans.
Housing Wire
NOVEMBER 21, 2023
21, the company had 1,826 loan officers and 401 active branches, per the Nationwide Multistate Licensing System (NMLS). 21, NMLS showed the lender had eight loan officers and 13 branches. Its portfolio includes construction to perm, renovation financing, builder programs and home equity line of credits , among others.
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Housing Wire
OCTOBER 6, 2023
Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. “Brokers need now to control things they can control, like their costs, and give the consumer options.”
Housing Wire
JUNE 1, 2023
Founded in 1993 by Bill and Michael Giambrone, Platinum has 22 branches and 79 active loan officers, according to the mortgage tech platform Modex. Planet, which originates loans through the correspondent and retail channels, plans to grow organically and via mergers and acquisitions.
Housing Wire
DECEMBER 30, 2022
Mortgage demand picked up in recent weeks due to rates declining to 6% levels and a massive backlog of homes under construction, as mentioned by HousingWire ‘s lead analyst Logan Mohtashami in a recent column. Instead, theyâll be seeking to renovate their homes.â.
Housing Wire
SEPTEMBER 22, 2022
Mortgage rates in the 6% range have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Business is at a “dead stop,” said a retail loan officer in Michigan. Thatâs going to be a new market for me Lonnie Glessner, loan officer at Draper and Kramer Mortgage Corp.
Housing Wire
FEBRUARY 15, 2023
In addition to roles as branch manager and regional manager at different lenders, Sheppard has climbed through the ranks as a loan officer at APM, and most recently served as APMâs EVP of national production. While APM saw production drop by about 42% in 2022 to $13.8
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