Investors Loan Officers Retail Training 
Housing Wire
AUGUST 1, 2023
Coming off multiple quarters of financial losses , Rocket has accelerated those efforts in 2023, embarking on a remote local loan officer hiring spree designed to capture purchase market business from real estate agent connections, sources told HousingWire. So this isn’t brand new,” Kidwell noted.
Housing Wire
JUNE 22, 2023
On June 1, Arizona-headquartered retail lender AmeriFirst Financial Inc. 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).
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Housing Wire
FEBRUARY 15, 2023
You have a lot of flexibility in pricing, flexibility with other broker products, flexibility with marketing under an compliant umbrella,” Steinway said of Revolution Mortgage, which has a hybrid wholesale and retail lender model. He was the fourth mortgage loan originator to join Guaranteed Rate in 2000.
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. with 85% owned by individual investors and LLCs based on 2021 U.S. The reasons for the success of non-QM lies partly in the composition of borrowers.
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
FEBRUARY 8, 2022
“And one of our strategic plans for our growth is we’re really bolstering up our retail division in 2022.”. We will be hiring retail guys that carry our flag through the Excelerate branches, but they’re not only in California,” Yoon added. It was kind of a no brainer, just low-hanging fruit.
Housing Wire
JANUARY 27, 2023
Most retail lenders are desperately seeking high producing loan originators to make up for the losses that occurred in 2022. California-based retail lender JVM Lending plans to drum up business this year — but by doing the exact opposite. Back in the 2007-2009 meltdown, we had loan officers with us at that time.
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