Housing Wire
JULY 14, 2022
Non-QM lender Kiavi , which specializes in fix-and-flip and investor loans, has laid off 39 employees, sources told HousingWire on Thursday. Because we are in the hard money space, we don’t have a lot of investors willing to buy our assets because of the rate hikes, is what our CEO told us.”.
Housing Wire
JUNE 28, 2022
Roughly a year ago, the Austin-based fintech began to sell its loans to First Guaranty Mortgage Corporation (FGMC), a lender and investor that specializes in non-qualified mortgage loans and is controlled by behemoth investment management firm Pacific Investment Management Company (PIMCO). . We’ll probably sell to another investor.
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Housing Wire
FEBRUARY 2, 2024
The remainder transitioned to CrossCountry Mortgage , Synergy One Lending , Capital Bank , First Home Mortgage Corp. and NFM Lending. Commissions, however, are to be disbursed within a “reasonable timeframe following the expiration of the investor recapture period published on the Company’s intranet,“ the letter read.
Housing Wire
AUGUST 8, 2023
A few months later, the company said four top executives would depart , including CFO Patrick Flanagan , Chief Accounting Officer Nicole Carrillo, Chief Human Resources Officer Kevin Tackaberry and LDI Digital President Zeenat Sidi. Total revenues increased to $271.8 million in the second quarter, up from $207.9 million in Q1 2023.
Housing Wire
APRIL 22, 2022
For investors, a warning: it means that profitability will take some time to achieve. ” Blend is reducing general and administrative expenses in human resources, finance, and legal, but decided not to cut costs related to engineering and product development. Over time, we expect to diversify our revenue streams.”
Will Springer Realtor
JULY 12, 2023
Moody’s Investors Service noted that banks hold approximately half of the $6T in commercial real estate debt, with the largest share maturing within the next three years, according to Reuters. Meantime, getting workers to feel good about returning to the office is a stiff challenge. What’s the research on when in-person [attendance] matters.”
Housing Wire
SEPTEMBER 1, 2021
President of Residential Servicing and Correspondent Lending. Aslan Home Lending. Director of Human Resources. VP, Investor Relations. Planet Home Lending. Chris Favilla. Head of Operations. Executive Vice President of Administration. Howard Hanna. David Sheeler. Freedom Mortgage. Davida Stanley. LoanLogics.
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