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Panorama Mortgage Group launches 1% down payment loan program

Housing Wire

PMG offers platforms for human resources, finance, technology , legal and compliance services to its group of lenders. In 2022 , it added Lone Peak Lending. Additionally, there are no property location or census tract constraints, making the program accessible within PMG’s nationwide footprint.

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Lone Peak Lending joins Panorama Mortgage Group

Housing Wire

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Donovan Stamps, a 27-year mortgage veteran with stints at Stearns Lending , SoFi Mortgage , First Guaranty Mortgage Corp. The post Lone Peak Lending joins Panorama Mortgage Group appeared first on HousingWire.

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How Blend plans to survive a shrinking mortgage market 

Housing Wire

” 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. Blend, whose white-label technology powers mortgage applications on the websites of major lenders such as Wells Fargo and U.S. on April 20.

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How one mortgage servicing company is prioritizing home retention during economic uncertainty

Housing Wire

On the originations side, we’ve built a scalable, multi-channel lending platform that has grown volume by 16X in just the past year. We are seeing strong growth across our forward and reverse lending channels and have increased quarter-to-date volume in August by 16X in the past year. In August, we originated more than $2.5

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

Data from the Federal Reserve indicates Goldman Sachs has the highest exposure to commercial loan losses at 16% of its lending total due within the next two years, followed by Morgan Stanley (14%) and Citizens (12%). I also researched a topic near and dear to me – smart-home technology – and tips on how to get started.