Housing Wire

AUGUST 16, 2023

A week after announcing a pivot in its business strategy , publicly traded title insurance firm Doma announced the sale of its retail operations in Florida on Tuesday. Doma’s Florida operation was purchased by Near North Title Group for an undisclosed sum. Near North Title Group purchased Doma’s Midwest locations in July.

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Insurance Retail Mortgage Agents 311

Housing Wire

JANUARY 31, 2023

(NYCB) confirmed it’s closing 69% of the retail home lending offices outside of its branches after acquiring Michigan-based Flagstar Bank. “We The retail channel was responsible for $6 billion from January to September 2022, a 54% decline year over year, per IMF data. The companies made the $2.6 Before the acquisition, Flagstar was No.

Mortgage 362

Mortgage Retail Lending Real Estate 362

Housing Wire

NOVEMBER 10, 2022

Top-25 retail lender Movement Mortgage struck a deal to acquire Massachusetts-based retail firm Mortgage Network , multiple sources told HousingWire. . We want to grow,” Casey Crawford , a former pro football player who founded distributed retail nonbank Movement in 2008, said in a statement to HousingWire.

Mortgage 370

Mortgage Retail Loan Officers Brokerage 370

Housing Wire

SEPTEMBER 29, 2022

Amid the most challenging mortgage market in decades, multichannel lender Finance of America (FoA) plans to sell its retail mortgage division and shut down its forward wholesale channel, multiple sources told HousingWire. . FoA originated $6 billion through the retail mortgage channel from January to June, down 50.7%

Retail 441

Retail Mortgage Finance Lending 441

Housing Wire

MAY 23, 2023

announced on Tuesday the completion of an agreement for WFG to acquire certain branches of Doma’s West Coast local retail title operations. The deal includes multiple retail title locations and operations centers in the Northern and Central California regions. Williston Financial Group (WFG) and Doma Holdings, Inc.

Retail 358

Retail Real Estate Insurance Mortgage 358

Housing Wire

OCTOBER 7, 2022

Guaranteed Rate this week walked away from negotiations to acquire Finance of America ’s forward mortgage retail channel, which may result in FoA closing the division, sources with direct knowledge of the negotiations told HousingWire. FoA originated $6 billion through the retail mortgage channel from January to June, down 50.7%

Retail 376

Retail Mortgage Finance Lending 376

Housing Wire

NOVEMBER 10, 2022

Angel Oak Home Loans will exit its retail distribution channel following a sale of its retail offices to an unknown lender and servicer. The transaction includes an acquisition of Angel Oak Home Loans’ brick-and-mortar retail offices and associated salesforce.”. Details of the deal were not disclosed. .

Retail 309

Retail Mortgage Loan Officers Real Estate 309

Housing Wire

APRIL 25, 2022

Jim Linnane, the former head of retail at Stearns Lending , has joined Flagstar Bank as the president of the company’s distributed retail mortgage division. “We’re excited to have him on board and look for positive developments with Jim at the helm of Flagstar’s distributed retail operation.”

Mortgage 326

Mortgage Lending Retail Real Estate 326

Housing Wire

JUNE 15, 2021

Non-QM lender Sprout Mortgage is setting up a distributed retail operation, and it’s picked a veteran of Wells Fargo to lead the new division. Sprout hired former Wells Fargo executive Michael Johnson to expand Sprout’s consumer and retail sales channel, the company said Tuesday.

Mortgage 366

Mortgage Retail Lending Real Estate 366

Housing Wire

MARCH 3, 2022

Meanwhile, Steve Runnels will hold the role of vice president of retail sales, east division. In his new role, Wright will be responsible for amplifying the growth of the company’s retail division. Meanwhile, lenders’ margins are under pressure, mainly in the retail channel. UHM’s origination volume increased 25.8%

Mortgage 316

Mortgage Retail Lending Finance 316

Inman

SEPTEMBER 18, 2023

Dan Hanson, the former head of loanDepot's retail division, will develop "new revenue-generating opportunities" as the mortgage lender's executive director of enterprise partnerships and acquisitions.

Retail 151

Retail Mortgage Development 151

Housing Wire

MARCH 16, 2022

Tech-fueled retail mortgage lender InstaMortgage has merged with mortgage broker shop All Cal Financial , a rare example of a top-performing brokerage switching channels. InstaMortgage currently offers conventional, FHA and VA products in-house through its retail LOs and only brokers out a small portion of loans: jumbos and non-QM.

Retail 395

Retail Mortgage Loan Officers Brokerage 395

Appraisal Buzz

MAY 14, 2021

Weaker Retail Sales Casts Vote For Range-Holding Wednesday’s CPI data was akin to some passionate political orator making a case for the country to go to war against low rates. The post Bonds Hold Their Ground After Weaker Retail Sales Data appeared first on Appraisal Buzz.

Retail 347

Retail Appraisal 347

Housing Wire

AUGUST 17, 2021

He also provided details on “pricing adjustments” from Fannie Mae and Freddie Mac that have dinged some nonbank lenders of late, when top-performing retail LOs will make the switch to the broker channel, and why its competitors will suffer greatly once rates climb. This content is exclusively for HW+ members. Already a member?

Retail 370

Retail Mortgage Lending 370

Appraisal Buzz

JUNE 10, 2021

After experiencing strength in distributed retail originations, national lender adds 20-plus-year veteran to its team to lead its Distributed Retail Sales Division. The post Planet Home Lending Adds Caleb Mittelstet to Grow Retail Channels appeared first on theMReport.com.

Lending 284

Lending Retail Appraisal 284

Appraisal Buzz

MAY 18, 2021

Stephen Adamo has joined Embrace Home Loans as president, national retail production. The post Embrace Home Loans Hires Stephen Adamo as President of National Retail Production appeared first on Appraisal Buzz. Prior to joining Embrace, Adamo served as executive vice president, head of U.S.

Retail 370

Retail Appraisal Mortgage Lending 370

Housing Wire

APRIL 14, 2021

RoundPoint Mortgage has added three new senior executives to its management team, as it prepares to ramp up its retail operations. RoundPoint also hired a veteran of the retail mortgage sector, Scott Bristol, who previously oversaw national mortgage production at Flagstar Bank. Freedom is one of the country’s biggest lenders.

Retail 289

Retail Mortgage Investors Lending 289

Appraisal Buzz

JUNE 15, 2021

Non-QM lender expands its consumer and retail channels with the addition of 20-plus year former Wells Fargo executive. The post Sprout Adds Michael Johnston to Grow Its Retail Presence appeared first on theMReport.com. The post Sprout Adds Michael Johnston to Grow Its Retail Presence appeared first on Appraisal Buzz.

Retail 195

Retail Appraisal 195

Appraisal Buzz

AUGUST 16, 2021

The post Josh Lehr: Retail Lending vs. Direct: Leveraging Multiple Channels to Create Customers for Life appeared first on Appraisal Buzz.

Lending 370

Lending Retail Mortgage Appraisal 370

Housing Wire

AUGUST 7, 2020

Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. We’re not out building a retail person’s name. I mean we’re talking up to 30 years,” Nichols said.

Mortgage 369

Mortgage Retail Loan Officers Lending 369

Appraisal Buzz

NOVEMBER 29, 2021

New head of the company’s Retail Division brings two decades worth of experience to the role. The post AmeriSave Names Leif Boyd Chief Production Officer of Retail appeared first on theMReport.com. The post AmeriSave Names Leif Boyd Chief Production Officer of Retail appeared first on Appraisal Buzz.

Retail 150

Retail Appraisal 150

GoForrmz

NOVEMBER 7, 2022

You’ve probably seen it happen before, by the time the holiday season arrives, retail employees are already feeling burned out, stresses are high, and some team members aren’t even able to fully enjoy their holiday season. They can apply to any business and any industry, but in the retail industry, these can be especially pervasive. “

Retail 145

Retail Inventory Business Training 145

GoForrmz

MARCH 16, 2022

Elevate your retail collaboration and productivity with these powerful data collection automations Retail teams are faced with the challenge of providing an excellent customer experience all while maintaining low operating costs. In order to save time and money, retail teams are switching to digital forms.

Retail 147

Retail Legal Business Technology 147

GoForrmz

NOVEMBER 18, 2021

Digitize your retail checklists to improve daily operations and enhance the in-store experience for customers To ensure that your daily operations at your retail store are efficient and running smoothly, it is imperative that you have taken your paper checklists to digital.

Retail 145

Retail Inspection Inventory Business 145

Housing Wire

JUNE 1, 2023

Connecticut-based lender and servicer Planet Home Lending has acquired the assets of Illinois-based retail lender Platinum Home Mortgage Corporation. We look to acquire right-sized, financially solid distributed retail companies.” The financial terms of the transaction have not been disclosed.

Mortgage 403

Mortgage Lending Loan Officers Real Estate 403

Housing Wire

MARCH 30, 2023

New Jersey-based Homebridge Financial Services will lay off 139 employees in June, three months after the acquisition of its retail division by CMG Mortgage, Inc. In addition, the company’s CEO, Peter Norden, will act as executive advisor to CMG’s retail division to ensure a successful transition. mortgage lender by volume last year.

Mortgage 403

Mortgage Loan Officers Retail Finance 403

Appraisal Buzz

SEPTEMBER 16, 2021

The post Healthy Mix of Refis and Purchases in July; Highest Rates in a Week as Retail Sales Surge appeared first on Appraisal Buzz. The share among FHA loans was 22 percent and refis accounted for 32 percent of VA loans. The time to close a loan improved slightly.

Retail 195

Retail Mortgage Appraisal Technology 195

GoForrmz

NOVEMBER 3, 2022

Simplify the busiest time of year for your retail business with digital forms. Retail forms vary depending on your business, but paper documents all end up the same way: an inefficient mess. For the retail industry, there are a multitude of ways online forms can be used to further streamline your retail operations.

Retail 78

Retail Inventory Logistics Business 78

Housing Wire

MAY 23, 2023

A look back: The early 2023 housing slowdown Bidding behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these bidders depends heavily on them accurately anticipating what the retail market will look like in the next six months.

Housing Market 435

Housing Market Marketing Sellers Mortgage 435

Housing Wire

AUGUST 1, 2023

To gain insight into how Rocket plans to strengthen its local presence to capture purchase volume, HousingWire spoke to more than a dozen former Rocket employees, current retail loan officers and mortgage brokers who have been contacted by Rocket recruiters to join its local initiative. In retail originated loans, [lenders] own the customer.

Real Estate Agent 362

Real Estate Agent Loan Officers Mortgage Real Estate 362

Housing Wire

SEPTEMBER 19, 2023

Alterra Home Loans , a Nevada headquartered retail lender and a Panorama Mortgage Group company, has promoted Fernando Ospina to president. Ospina, who has worked for the firm since 2018, formerly served as Alterra’s SVP of national production for the last year. He originated more than $46 million in loans in 2022, the company said.

Mortgage 417

Mortgage Lending Retail Marketing 417

McKissock

SEPTEMBER 5, 2022

For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. . Private investors are moving towards investments in the retail sector because of shifts in how consumers behave.

Real Estate 73

Real Estate Investors Real Estate Agent Retail 73

GoForrmz

FEBRUARY 22, 2022

Learn how digital forms simplify retail inventory management with our powerful form builder and captured data Whether your retail store is a national brand or a small boutique, inventory management is a critical component of business operations.

Inventory 78

Inventory Retail Business Tools 78

Housing Wire

AUGUST 28, 2023

Retail lender Guild Mortgage announced Monday the acquisition of First Centennial Mortgage, a privately-held Illinois-based lender with 15 branches predominantly in the Midwest and a presence in 17 states. The terms of the deal were not disclosed. McGarry remained on the California-based lender’s board of directors after retirement.

Mortgage 360

Mortgage Loan Officers Retail Inventory 360

Housing Wire

JANUARY 4, 2023

After Finance of America Companies closed its forward mortgage origination unit in October, a total of 21 FoA retail branches transitioned to Go Mortgage, said Steven Reich, a division president at Go Mortgage and former executive at FoA, in an interview with HousingWire. “Refis are the easier product of the industry,” Reich said. “We

Mortgage 488

Mortgage Loan Officers Finance Construction 488

Housing Wire

SEPTEMBER 11, 2023

Roughly 20% of Cliffco’s production comes from the wholesale channel and 80% of origination volume comes from its retail channel – through which it offers GSE, government loans and non-QM products. About 30% of Cliffco’s production volume consists of non-QMs and executives expect that share to grow to 40% in 2024.

Agents 392

Agents Loan Officers Real Estate Agent Mortgage 392

The Robert Weiler Company

SEPTEMBER 23, 2021

Swimming in Success: Restaurant and Retail Space. Of all the subtypes of commercial real estate Ohio has to offer, restaurant and retail space are perhaps the most “fun.” When choosing the restaurant or retail space of your dreams, you must be in a lively location with a mix of people and age groups.

Real Estate 158

Real Estate Retail Mortgage Investors 158