article thumbnail

Planet Home Lending Promotes Manfer to Head Up Business Development

Appraisal Buzz

With eight years of experience at Planet Home, Samantha Manfer will lead the marketing and branding efforts for the firm’s six business channels. The post Planet Home Lending Promotes Manfer to Head Up Business Development appeared first on theMReport.com.

article thumbnail

Planet Home Lending hires Doug Long to expand its retail branch network 

Housing Wire

Connecticut-headquartered mortgage servicer and lender Planet Home Lending has hired Doug Long as senior vice president and divisional sales manager. As the 12th-largest mortgage lender , Planet Home Lending posted an origination volume of $25 billion in 2023, a 5.3% decline from 2022, according to Inside Mortgage Finance.

Retail 360
Insiders

Sign Up for our Newsletter

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

article thumbnail

Developing a lending strategy for rising mortgage rates

Housing Wire

By October, the market value of Zoom exceeded that of Exxon-Mobile , reflecting the dichotomy of an intransigent society staying at home and working remote. For those that have focused on purchase lending, they will see less of a drop in total volume. Rising mortgage rates will certainly be tolerated by the market.

article thumbnail

Change Lending to join Federal Home Loan Bank of San Francisco

Housing Wire

Nonbank mortgage originator Change Lending will become a member of the Federal Home Loan Bank of San Francisco (FHLB-SF). We welcome a partnership with the FHLB-SF to enhance our strength and reach as America’s CDFI,” said Steven Sugarman , founder of the Change Company, the parent company of Change Lending. “We

Lending 348
article thumbnail

Fintech Maxwell acquires digital lending platform Revvin 

Housing Wire

Maxwell , a Wells Fargo -backed mortgage fintech, announced Wednesday that it has struck a deal to acquire the digital lending platform Revvin ( formerly known as MortgageHippo ) to enhance its point-of-sale technology. The financial terms of the transaction have not been disclosed.

Lending 375
article thumbnail

Non-QM lender NewFi launches correspondent lending channel

Housing Wire

Non-qualified mortgage (non-QM) lender NewFi Lending has launched a correspondent lending channel at a time when originators are fighting to grab production volume. “Non-QM Non-QM product offerings are critical to any mortgage bankers’ offerings in today’s market. The retail channel’s market share slipped to 54.9%

Lending 347
article thumbnail

Multifamily developer sentiment slips during Q1

Inman

According to NAHB, multifamily developers are feeling less confident in the market for new builds as high interest rates lead to difficult lending conditions.