Finance Investors Loan Officers Training 
Housing Wire
JUNE 22, 2023
In its originations business, AmeriFirst kept its business purpose lending (BPL), providing four products, including debt-service coverage ratio (DSCR) loans, bridge financing, investor construction loans and residential transition loans (RTLs).
Housing Wire
NOVEMBER 2, 2023
Non-QM borrowers such as those who are self-employed and real estate investors are generally less rate sensitive. In fact, a growing focus is the real estate investor population. MW: Non-QM provides a source of financing solutions that caters towards homeownership of a growing population of underserved borrowers in the United States.
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Housing Wire
AUGUST 1, 2023
But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. Also in 2021, Rocket decided it needed to have some loan officers on the ground who are in close contact with real estate agents. Its parent Rocket Companies rode the wave to a stunning $9.4
Housing Wire
AUGUST 25, 2022
During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. Jumbo loan volume increased 3.1% At Finance of America , reverse mortgages have been a ??
Housing Wire
NOVEMBER 23, 2021
will lay off 77 employees in its Charlotte, North Carolina office come January 2022, a Worker Adjustment and Retraining Notification Act (WARN) notice filed by the company reveals. Among those getting a pink slip are 49 loan officers, 10 national account managers, seven retail sales managers and seven transaction coordinators.
Housing Wire
JANUARY 14, 2022
According to Evan Kidwell, chief operating officer at Griffin Funding , a consumer-direct lender that launched non-QM operations in November 2020, the company is willing to hire newbie LOs and processors and give them on-the-job training. “If If you’re willing to learn and you’re coachable and trainable, that works too.”.
Housing Wire
MAY 25, 2022
Between significantly fewer refinances, rising mortgage rates and housing inventory nearly cut in half since 2020, loan officers (LOs) and brokers face a pivotal time where adaptation is a must for success. There’s no question that 2022 has seen serious changes to the housing market. Why partner with Newrez?
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