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DOL accuses PrimeLending of violating whistleblower provisions

Housing Wire

According to the DOL, the company terminated two California-based employees after they reported to a regional manager and the vice president of Human Resources that a branch manager pressured them to pass on fees to loan applicants caused by internal processing delays. mortgage lender in 2023.

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Texana Bank to trim workforce in California

Housing Wire

Lauren Witherspoon, director of human resources, wrote: “Circumstances will force Texana Bank to conduct layoffs,” taking place Sept. The layoffs include loan officers, underwriters, processors, post-closing and secondary market staff. The lender’s guide to surviving this mortgage market.

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LodeStar integrates with Stewart

Housing Wire

“As a result, we’re bringing greater clarity to the process for consumers and professionals alike, and empowering loan officers and lenders to redirect their human resources away from manual tasks like researching closing fees and toward more complex functions like marketing, sales and customer service.”.

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As the market shifts to purchase, LOs get creative

Housing Wire

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. I have my own booth at the festival,” said Naumovych. It has been very, very slow,” said Davis. “I

Marketing 397
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Pennymac plans to lay off another 207 employees

Housing Wire

Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices. this year from 1.6%, according to Jones.

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California-based Summit Funding to cut 72 staffers

Housing Wire

With the demand for mortgage services falling to its lowest level in 22 years, and the resulting impact of this market condition on our business, we will be laying off many employees,” Sherry Meneley, director of human resources, wrote in a Worker Adjustment and Retraining Notification (WARN). The layoff, set for Nov.

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Lone Peak Lending joins Panorama Mortgage Group

Housing Wire

“We are well positioned to educate consumers about the loan process and help them overcome whatever challenges that may arise. Panorama offers platforms for human resources, finance, technology, legal and compliance services to its group of lenders.

Lending 421