article thumbnail

Momentum Builder buys Sales Mastery, creating new ‘super brand’

Housing Wire

The merger of two industry leaders in sales training and coaching will result in a “unified super brand” that will be known as Sales Mastery Powered by Momentum Builder, the companies said in a press release. The new brand also released details about its flagship sales summit, Beyond Boundaries , scheduled for Oct. 14-17 in Dallas.

Branding 370
article thumbnail

Mortgage subservicing is having a makeover moment

Housing Wire

The answer lies in a remote corner of the mortgage industry: subservicing. This business which involves handling mortgage payments, borrower communication and escrow administration on behalf of lenders has undergone consolidation. Meanwhile, MSR player Bayview Asset Managemen t is in M&A talks with Guild Mortgage.

Mortgages 339
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Guaranteed Rate Affinity was formed in 2017 through a partnership between Rate , formerly branded as Guaranteed Rate , and Anywhere Real Estate , formerly known as Realogy.

Lending 394
article thumbnail

Fairway makes a deal to acquire Hallmark Home Mortgage

Housing Wire

Fairway Independent Mortgage Corp. , mortgage lender, announced a deal on Wednesday to acquire Hallmark Home Mortgage in an asset sale. It will operate under the “Powered by Fairway” brand and will be led by Hallmark founder and CEO Deborah Sturges. a top 20 U.S. Financial terms were not disclosed.

Mortgages 315
article thumbnail

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

Housing Wire

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry.

Lending 378
article thumbnail

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

article thumbnail

FOA seeks to ‘modernize’ reverse mortgage outreach efforts to seniors

Housing Wire

Finance of America (FOA), the leading reverse mortgage lender, presented a robust outlook last week in its third-quarter 2024 earnings and is aiming to hit the ground running with business in 2025. The product was first introduced in 2018, marking the industry’s first-ever second-lien reverse mortgage option.

Mortgages 368