Housing Wire

MARCH 3, 2025

Name Job Title Company Name Alejandro Franco Vice President of Finance and Controller Cairn Real Estate Holdings Allyson Jackson Executive Vice President Finance and Treasury Planet Home Lending Amit Arora Chief Investment Officer Opendoor Andrey Gunin Chief Financial Officer A&D Mortgage Bill Warden Chief Financial Officer Dark Matter Brandon (..)

Finance 406

Finance Lending Principal MLS 406

Housing Wire

JANUARY 5, 2021

In a statement confirming the deal Tuesday afternoon, Guaranteed Rate said the acquisition of Stearns would enable a boost in retail loan originations and further scale its JV platform, while also developing “new multichannel capabilities.” The post Guaranteed Rate to acquire Stearns Lending appeared first on HousingWire.

Lending 538

Lending Bankruptcy Loans Mortgages 538

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

Lending 440

Lending Mortgages Equity Loan Officer 440

Housing Wire

JULY 16, 2021

Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. According to ValuePenguin , the average close-out time is 47 days on all loan types. But this is no ordinary mortgage startup.

Lending 469

Lending Pre-approval Mortgages Closing 469

Housing Wire

OCTOBER 24, 2023

Patton Gade, the top producing loan officer for VA home loans in the U.S. last year, has joined brokerage firm UMortgage , the company announced on Tuesday. Military Academy at West Point, will continue to originate loans and hold the national director of military lending position at UMortgage. and Paramount Bank.

VA loan 440

VA loan Loans Loan Officer Brokerage 440

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. For the last 16 years, the brokerage ranked as Northern Nevada’s highest-producing real estate office by agent activity.

Lending 399

Lending Principal Industrial Development 399

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. The Texas-based lender is licensed in 26 states and provides 15-year and 30-year fixed mortgages, including government loans, 203 (k) renovation loans and reverse mortgages. This consists of $1.5

Brokerage 450

Brokerage Mortgages Technology Branding 450

Housing Wire

JULY 15, 2022

Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm. Rocket will continue offering options from other lending partners alongside its own products, the firm said. It previously acquired Lendesk, a Canadian fintech company.

Brokerage 427

Brokerage Mortgages Banks Lending 427

Housing Wire

FEBRUARY 8, 2023

Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. That changes now,” Homelendia CEO Frank Chimento said in a press release.

Brokerage 370

Brokerage Mortgages Lending Technology 370

Housing Wire

NOVEMBER 5, 2024

It has an emphasis on first-time homebuyers ; purchase loans through an expanded geographic footprint and partnerships; servicing portfolio scale and retention; operating leverage quality to drive down turn times; and recruiting, developing and retaining the best talent available. year over year. Department of Veterans Affairs (VA) space.

Purchase and sale agreement 392

Purchase and sale agreement Equity Loan Officer Principal 392

Housing Wire

MARCH 20, 2025

billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. When these clients are then connected with the best agents and the best loan officers, it creates a virtuous cycle. Rocket Companies hopes to close a $1.75 billion deal for Redfin. Essentially, it’s the holy grail of mortgage and real estate tech.

Mortgages 274

Mortgages Loan Officer Brokerage Loans 274

Housing Wire

APRIL 1, 2025

Name Job Title Company Name Aaron Heidorn Director of Software Engineering & Infrastructure Cloudvirga Aaron Smith Director, Sales CubiCasa Adrian Provost Chief Executive Officer Realty ONE Group Terminus Ana LeBlanc Human Resources Director InterLinc Mortgage Annie Lemon Producing Branch Manager Gold Star Mortgage Financial Anthony Russo Diamond (..)

Lending 334

Lending Technology Title Development 334

Housing Wire

MARCH 10, 2025

Monday’s breaking news that Rocket Companies is set to acquire online real estate brokerage Redfin shed light on the changing landscape of the homebuying marketplace. share in purchase (lending). ” “We think about it more like opportunity. You know, today, the market is fragmented enough as it is.

Branding 411

Branding Brokerage Commercial Title 411

Housing Wire

MARCH 30, 2023

Donny Kirby, former vice president of national direct-to-consumer sales at Wyndham Capital Mortgage , spent more than 12 years at Charlotte, North Carolina-based company before leaving to start a mortgage broker shop, Cornerstone Home Loans. So opening up a brokerage was kind of always on my mind.

Loans 411

Loans Mortgages Loan Officer Lending 411

Housing Wire

AUGUST 17, 2022

Struggling digital mortgage lender Better.com is teaming up with secretive big data firm Palantir to create a proprietary loan platform that is says will enable Fannie Mae , Freddie Mac and mortgage investors to make “richer and deeper data-driven mortgage capital allocation decisions.”. million profit during the same period in 2021.

Loans 440

Loans Investor Title Mortgages 440

Housing Wire

SEPTEMBER 10, 2022

NEXA Mortgage, the largest mortgage brokerage in the country, this week cut ties with the Association of Independent Mortgage Experts ( AIME ), claiming the trade group fails to address bullying and lacks proper governance. 7 by Evan Wade, vice chairman of partnerships at AIME and president and CEO of Epoch Lending. ” .

Brokerage 427

Brokerage Loan Officer Loans Mortgages 427

Housing Wire

MARCH 23, 2023

The bank crisis has also reduced the spread between conforming and jumbo loan rates. “Chair [Jerome] Powell stated that the recent banking sector instability is likely to lead to tighter lending requirements, which could serve to cool inflation,” Jones said in a statement.

Loans 451

Loans Mortgages Banks Fixed-rate mortgage 451

Housing Wire

MARCH 11, 2025

The brokerage announced this week that Peter Ianos is joining as its head of operations for core services. Ianos most recently held the title of chief experience officer at Engel & Volkers Americas, where he worked on recruiting, retention, professional development and brokerage services.

Brokerage 228

Brokerage Title Lending Branding 228

Housing Wire

AUGUST 5, 2020

For example, about two weeks ago, Quicken Loans advertised a “limited-time” rate of 1.99% on 15-year mortgages. According to one broker, Parkside Lending and Stearns Lending are offering a 15-year-fixed rate as low as 1.75% to some mortgage brokers, depending on the relationship. (We He pointed out that there are restrictions.

Mortgages 528

Mortgages Loan Officer Lending Loans 528

Housing Wire

JUNE 29, 2022

Boston fintech firm Knox Financial plans to expand its lending business and loan products with $50 million in funding it received from a real estate advisory firm. The fintech also will offer additional loan products, including home equity lines of credit (HELOCs), new purchase loans and cash-out refinancings.

Loans 370

Loans Equity Lending Title 370

Housing Wire

JANUARY 11, 2022

Redfin announced Tuesday layoffs of 121 employees as it shakes up its mortgage department, including purchasing a lending company. The real estate company entered into an agreement to acquire mortgage lender Bay Equity Home Loans for $135 million, two-thirds in cash and one-third in stocks, Redfin said in a press release and public filing.

Equity 483

Equity Purchase and sale agreement Loan Officer Lending 483

Housing Wire

JANUARY 10, 2025

. “Many of them have worked with Incenter in one capacity, such as MSR trading , and are delighted with our full spectrum of solutions in other areas, such as servicing valuation and brokerage through Incenter Capital Advisors.”

Principal 370

Principal Lending Development Mortgages 370

Housing Wire

SEPTEMBER 30, 2024

The brokerage has entered into a joint venture with Barrett Financial Group to offer what the companies believe will be a wide range of mortgage products and streamlined underwriting to The Agency’s luxury clients. Dubbed Aclara Lending, the joint venture will start in Southern California with plans to expand in the near future.

Mortgages 427

Mortgages Lending Brokerage Loans 427

Housing Wire

MARCH 28, 2024

Mike Kortas and Mat Grella, the longtime owners and co-founders of America’s largest mortgage brokerage, NEXA Mortgage , are in negotiations to end their partnership. billion in mortgage loans in 2023, according to Kortas, easily more than any other brokerage. Kortas told HousingWire that he owns 50.5% NEXA did $6.29

Mortgages 461

Mortgages Brokerage Loan Officer Lending 461

Housing Wire

SEPTEMBER 5, 2023

The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We First, Lind said, it is important to note that nearly 50% of non-QM production right now is investor loans. Another plus for non-QM lending has been the volatility in the banking sector. billion in 2023, an increase from $2.1

Marketing 411

Marketing Loan Officer Lending Banks 411

Housing Wire

DECEMBER 11, 2023

Not surprisingly, affordability is inextricably linked to fair housing , as fair housing (and lending) for all is foundational to affordability for all. Or, if he had not even been able to purchase that particular home because he was steered elsewhere or was unfairly denied the loan he needed? Back to Bob’s American dream.

Lending 469

Lending Agents Banks Loans 469

Housing Wire

JANUARY 25, 2024

Jonathon Haddad, president of Next Door Lending , will replace Katie Sweeney as the chairman and CEO of the Association of Independent Mortgage Experts (AIME). Haddad joined the channel in 2020 at Next Door Lending, where he transitioned from vice president to managing partner and president. He left Rocket in the beginning of 2019.

Lending 440

Lending Loan Officer Loans Mortgages 440

Housing Wire

JULY 16, 2021

Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The company will be headquartered in Santa Ana, California, Stearns said, home of Kind Lending. The second big mortgage joint venture announcement this week is a meeting of the Glenns.

Mortgages 427

Mortgages Lending Bankruptcy Brokerage 427

Housing Wire

MARCH 7, 2025

We want to assure our clients that all loans in process will proceed without issue, and we remain committed to supporting them through this transition, Rocket Mortgage said in a statement. While this means stepping away from our lending business in Canada, we thank our team members who have helped us expand over the last five years.

Mortgages 212

Mortgages Title Lending Brokerage 212

Housing Wire

NOVEMBER 3, 2021

The cloud-based brokerage recorded $1.1 The brokerage on Wednesday also announced that the launch of its residential lending joint venture Success Lending with Kind Lending, LLC has been approved in Colorado, Illinois and Tennessee. The brokerage was the fourth-largest in the U.S. year over year to $1.09

Lending 392

Lending Brokerage Residential Loan Officer 392

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. As part of the merger, Jim Black, the founder of All Cal, will become chief lending officer of InstaMortgage. That means that they get more product options.

Loan Officer 451

Loan Officer Lending Loans Technology 451

Housing Wire

FEBRUARY 4, 2022

UWM filed a lawsuit in Michigan federal court late Thursday that claims America’s MoneyLine , a high-volume mortgage brokerage based in Southern California, owes it $2.8 Any broker who did so would face fines upwards of $5,000 per loan or $50,000, whichever violation sum was greater. “This company had hundreds of loans.

Loans 370

Loans Mortgages Brokerage As-is 370

Housing Wire

OCTOBER 8, 2020

Over the July 4 holiday this year, Casa sent a video to Quicken Loans Vice President Austin Niemic, where he made comments of a sexual nature about Niemiec’s wife. After speaking to the history of the foundation of the Brokers are Better movement, Casa also explained what is next for him: starting a new brokerage in Philadelphia.

Lending 440

Lending Brokerage Mortgages Loans 440

Housing Wire

JUNE 10, 2022

Lenders and mortgage tech companies have been cutting costs in the down market , but some firms have hired new executives who they hope will provide better strategies to navigate the shrinking loan origination market. For wemlo, his primary focus is to enhance the existing loan processing platform to improve user experience.

Marketing 427

Marketing Lending Branding Loans 427

Housing Wire

OCTOBER 18, 2023

. “There’s definitely a shift and while we know there is a lot of movement going on with people losing jobs because of mergers or closures, a certain percentage are moving to brokerage instead of another retail company.” Since Q1 2021, the average LO has pumped out just under 16 loans per quarter at $4.8

Loan Officer 520

Loan Officer Loans Lending Mortgages 520

Housing Wire

OCTOBER 14, 2020

On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the brand that has become ever-present in the lending space. Let’s Rocket together.

Loans 316

Loans Loan Officer Branding Technology 316

Housing Wire

OCTOBER 3, 2023

Headquartered in Roswell, Georgia, Onward Home Mortgage specializes in residential purchase mortgage lending and has a presence in the greater Georgia and Alabama areas. It is part of the Newrez Ventures platform. A joint venture typically ramps up faster than a traditional mortgage company.

Mortgages 440

Mortgages Loan Officer Brokerage Residential 440