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Movement Mortgage names Joe Thompson as regional director

Housing Wire

Movement is the only lender that gives nearly 50% of its profits, manufactures originations at a high level, generates creative content and branding, leverages innovative products and technologies , and has a customer-for-life mentality,” Thompson said. I align perfectly with Movement’s core conviction of existing to love and value people.”

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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

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Guild CEO offers details on Academy Mortgage acquisition

Housing Wire

is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. The acquisition of Academy’s retail assets is scheduled to close by the end of February. Guild Mortgage ’s acquisition of Academy Mortgage Corp.

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Top LO Tim Potempa joins E Mortgage Capital

Housing Wire

“The transition just became along the lines of the team’s ability to have a product suite and technology.” But according to him, the firm has invested in new construction, land, and condominiums in a challenging mortgage market. ” According to Scotsman Guide , Potempa was the No.

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Planet acquires Platinum Home Mortgage Corporation

Housing Wire

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.

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NexTier Bank to acquire Mars Bank

Housing Wire

. “This merger ensures our customers will continue to receive access to the products, services, and technology they need while maintaining the relationship-driven, hands-on service they’ve come to expect,” Dionise said in a statement. Mars Bank held $520.8 million in assets as of June 30, 2023. NexTier Bank produced $50.6

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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets

Housing Wire

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. Leonhardt claims CCM is number one in seven of the top 10 states in distributed retail. He said that AmCap helps mainly with the Houston market.

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