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Sarah Middleton joins Supreme Lending in C-suite roles

Housing Wire

Supreme Lending is adding a seasoned veteran to its leadership team. Supreme Lending was drawn to Middletons experience in mortgage with building teams and driving visibility. Middleton joins Supreme Lending as the company seeks to expand. And she has a sense of humor, too. Weve been the best-kept secret in the mortgage space.

Lending 371
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WaFd Bank exits home mortgage lending, says model is ‘unsustainable’

Housing Wire

Seattle-based WaFd Bank , which has offered home loans for more than 100 years, announced Thursday in an earnings report that it will exit the single-family mortgage lending business. It further clarified that it will continue its business lending activities, including commercial mortgages, and will begin offering loans backed by the U.S.

Lending 397
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Inside the non-QM boom: How Acra Lending serves borrowers outside the agency box

Housing Wire

Non-QM loans are often associated with higher interest rates and unfavorable terms that verge on predatory lending. Exploring the big picture of non-QM lending When it comes to non-QM loans, borrower use cases often vary depending on the person. For Acra Lending, non-QM loans for non-owner-occupied (NOO) properties start at 6.2%.

Lending 304
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Guaranteed Rate Affinity appoints new mortgage lending VP

Housing Wire

Guaranteed Rate Affinity announced a promotion on Tuesday as the joint venture company named 22-year industry veteran Mark Rawls as vice president of mortgage lending. Rawls is the latest addition to a leadership team of seven executives at the developing company. Scotsman Guide recognized Rawls as a top 1% originator for four straight years.

Lending 433
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Better Mortgage partners with NEO Home Loans to transform “local” mortgage lending

Housing Wire

Today’s mortgage lending environment is shifting rapidly. Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere. Meanwhile, affordability is becoming a dream for many borrowers. Also, lenders feel the impact of high rates, as they struggle to find the right clients. Now they dont have to.

Lending 369
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The crucial role of community lending in our nation’s economy

Housing Wire

Mortgage lending, small business loans, and investments in local development projects are all driven by local lenders who know their markets, live in their communities, and have a vested interest in the growth of their economies. The availability of funding at the local level is the driving force in building stronger communities.

Lending 394
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What it’s like connecting reverse mortgage professionals with forward lending partners

Housing Wire

While some forward lending companies have gone out of their way to acquire and incorporate reverse mortgage lending divisions into their ongoing operations, others have bolstered their existing reverse mortgage divisions. There’s a new set of big forward players compared to years past, Cory said.

Lending 396