Housing Wire

JUNE 5, 2024

Leading reverse mortgage lender Finance of America (FOA) has undergone a round of layoffs that are impacting multiple levels of the organization, including retail and corporate leadership positions. The news was first reported by National Mortgage News. As of late-day trading on Wednesday, the price currently sits at $0.59.

Finance 482

Finance Sales Equity Mortgages 482

Housing Wire

SEPTEMBER 28, 2023

Jim Anderson Colorado-based lender Loan Simple brought on Jim Anderson as its new chief marketing officer. Anderson, who started the new role in September, will oversee all aspects of the firm’s marketing, branding and demand-generation efforts. Anderson won HousingWire’s Marketing Leader Award in 2021.

Loans 435

Loans Marketing Lending Finance 435

Housing Wire

SEPTEMBER 9, 2022

Pennymac followed the tracks of Rocket Pro TPO and United Wholesale Mortgage in raising conforming loan limits ahead of the Federal Housing Finance Agency ‘s (FHFA) decision to do so in November. Official 2023 conforming loan limit changes will be determined by the FHFA announcement, she added.

Loans 435

Loans Finance Branding Mortgages 435

Housing Wire

NOVEMBER 12, 2024

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.

Mortgages 370

Mortgages Equity Lending Design 370

Housing Wire

JANUARY 24, 2025

Our team has created a remarkable platform and brand, and we are now set to embark on a new growth phase with Newfi as a key strategic partner together with Apollos backing,” Franck Ruimy, Dunmor’s founder and CEO, said in a statement. Established in 2021, Dunmor operates nationwide in the consumer direct and broker channels.

Equity 367

Equity Lending Residential Branding 367

Housing Wire

MARCH 5, 2025

1 loan originator in the country by volume for at least five years, is assuming the role of president at Rate Mortgage , the company announced Tuesday. 8 on the Inside Mortgage Finance ranking of top originators at just under $40 billion. Throughout his 20-year career he has closed more than 40,000 units and $9 billion in funded loans.

Loan Officer 435

Loan Officer Loans Technology Mortgages 435

Housing Wire

APRIL 27, 2021

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. Our TPO business is a part of our long-term growth strategy,” Bill Dallas, president of Finance of America Mortgage, said in a statement.

Finance 370

Finance Lending Mortgages Renovation 370

Housing Wire

APRIL 18, 2023

Today, she interviews Yanely Espinal, the Education Outreach Director for NextGen Personal Finance. As a child from an immigrant family, financial literacy was not something that was discussed at home, and Yanely struggled with personal finance as she entered adulthood. I’m a daughter of immigrants. So I was in that program.

Finance 370

Finance Loans Branding Banks 370

Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. just to give an idea of how fragmented it is in terms of the lender,” Christian Faes, founder of F2 Finance, said in an interview with HousingWire. LendInvest has more than $4.7 billion (£3.7

Finance 370

Finance Marketing Lending Loans 370

Housing Wire

MARCH 6, 2025

Another factor is Reals private-label program, which launched in 2024 and allows brokerage affiliates to keep their branding. It started 2024 with 18 loan officers and finished the year with about 90. The company said about 40 independent brokerages with about 2,200 agents in total joined under these terms. Its revenue was $1.3

Brokerage 370

Brokerage Agents Loan Officer Technology 370

Housing Wire

NOVEMBER 14, 2024

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. With several top 10 reverse mortgage lenders now active in some form within the U.S.

Investor 370

Investor Mortgages Bankruptcy Equity 370

Housing Wire

MARCH 5, 2025

In a press release, the company said it plans to grow the partnership over the next several years through a variety of initiatives designed to build its brand while supporting its mission, vision, values, and industry leadership. Pennymac was the nations second-largest lender in 2024, according to Inside Mortgage Finance (IMF) data.

Design 354

Design Mortgages Branding Finance 354

Housing Wire

SEPTEMBER 19, 2024

Heartland Bank , the leading reverse mortgage lender in Australia and New Zealand , will rebrand its dedicated reverse mortgage division from “Heartland Finance” to “Heartland Bank” following a recent acquisition and a repositioning of its offerings. “We billion AUD, or roughly $1.2 billion USD.

Mortgages 448

Mortgages Banks Finance Branding 448

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.

Loans 321

Loans Loan Officer Branding Technology 321

Housing Wire

MARCH 31, 2025

There’s the origination process, which is all of the financing, title closing, and then servicing, where they essentially develop a lifetime relationship. Rocket has built a world-class loan origination platform, and Mr. Cooper has built a world-class servicing platform.

Technology 318

Technology Mortgages Industrial Title 318

Housing Wire

MAY 7, 2024

Finance of America Companies (FOA), which controls the outgoing brands Finance of America Reverse (FAR) and American Advisors Group (AAG), recorded a net loss under generally accepted accounting principles (GAAP) of $16 million in Q1 2024 and an adjusted net loss of $7 million for the quarter, according to a recently released earnings report.

Branding 459

Branding Finance Principal Loans 459

Housing Wire

JANUARY 11, 2021

As of November, loanDepot was the nation’s eighth-largest originator and the 31st largest servicer, according to Inside Mortgage Finance. Thanks to our brand investment over time, we are also one of the most recognized brands in the industry today. billion of loans in the twelve months ended Sept.

Branding 514

Branding Banks Loans Finance 514

Housing Wire

AUGUST 10, 2022

Nonbank lender Panorama Mortgage Group has added Texas-based Lone Peak Lending to its growing stable of brands. Lone Peak is the fourth lender to join Panorama this year, following the additions of Utah-based Rely Home Loans , Texas-based Prosperity Mortgage and Oregon-based Vision Mortgage Group.

Lending 448

Lending Mortgages Loan Officer Branding 448

Housing Wire

NOVEMBER 21, 2023

California-based mortgage lender CMG Financial announced the integration of Shamrock Home Loans’ origination team, which will boost its presence in New England. The group will be branded as Shamrock, Powered by CMG Home Loans. 21, NMLS showed the lender had eight loan officers and 13 branches. year over year.

Loan Officer 448

Loan Officer Lending Loans Finance 448

Housing Wire

SEPTEMBER 9, 2024

“This acquisition furthers our long-term plan of developing a full-service commission-free homebuying and financing technology platform powered by our proprietary AI technology and dedicated professionals,” Brent Miller, chief financial officer of reAlpha, said in a prepared statement.

Brokerage 458

Brokerage Mortgages Technology Branding 458

Housing Wire

SEPTEMBER 23, 2024

The division will be led by Joe Conrad, an industry veteran who most recently served as a reverse mortgage loan officer at Mutual of Omaha Mortgage. The division will be led by Joe Conrad, an industry veteran who most recently served as a reverse mortgage loan officer at Mutual of Omaha Mortgage.

Lending 448

Lending Mortgages Equity Loan Officer 448

Housing Wire

JULY 17, 2024

Finance of America brand consolidation When Finance of America announced its intention to acquire then-industry leader American Advisors Group (AAG), the reverse mortgage industry initially reacted with cautious optimism. Reverse mortgage marketing can be an exacting process.

Mortgages 448

Mortgages Marketing Finance Equity 448

Housing Wire

OCTOBER 6, 2023

Then, we have all the traditional financing options, including jumbo.” ” PRMG offers a comprehensive range of mortgage products, including conventional, FHA, VA, USDA and jumbo loans. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgages 493

Mortgages VA loan Finance Renovation 493

Housing Wire

JUNE 10, 2024

Los Angeles -based Dunmor , a technology -enabled lender that specializes in loans for residential real estate investors , has added a pair of experienced executives in the business-purpose lending space. Pham has 23 years of marketing experience in the real estate and finance sectors.

Lending 345

Lending Due diligence Finance Loans 345

Housing Wire

MAY 16, 2024

It’s available to conventional loans only in purchase and refinance transactions. loans but only for refinances. Fannie Mae and Freddie Mac now accept out attorney opinion letters and their regulator, the Federal Housing Finance Agency , recently rolled out a new pilot program to waive lender title requirements on refinancings.

Title 476

Title Loans Mortgages Closing 476

Housing Wire

FEBRUARY 12, 2024

Most of last year’s top-producing loan officers at DKMC are not transitioning to NAF, HousingWire reported. Bogle has 15 years of experience leading marketing departments in the home financing industry. Bogle has 15 years of experience leading marketing departments in the home financing industry.

Loan Officer 435

Loan Officer Marketing Lending Branding 435

Housing Wire

JUNE 4, 2021

Bill Dallas , president of Finance of America Mortgage , will speak at engage.marketing on the panel: Winning in a red-hot purchase market. In 2009, Dallas purchased Skyline Home Loans with Upfront Ventures and a team to modernize the traditional mortgage business. The affiliated companies are backed by Blackstone.

Finance 370

Finance Loans Mortgages Branding 370

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 the Motto brand, Erickson will focus on streamlining the product ecosystem for franchisees.

Marketing 435

Marketing Lending Branding Loans 435

Housing Wire

SEPTEMBER 22, 2020

The Detroit-based firm, which began 35 years ago as a mortgage broker shop in southeast Michigan, is rebranding Quicken Loan Mortgage Services to Rocket Pro TPO. Beyond the bucket of leads, Rocket is banking on its widely known brand name, free use of marketing tools, and bevy of technologies to hook brokers. “We

Loans 476

Loans Technology Branding Banks 476

Housing Wire

AUGUST 14, 2024

Planet Home Lending confirmed on Tuesday the acquisition of certain retail assets from Axia Home Loans , describing the transaction as an opportunity to expand its operations in the Western, Northwestern, and Midwestern markets. HousingWire broke the news in early August. s origination staff and branches in the retail space.

Lending 435

Lending Loan Officer Finance Loans 435

Housing Wire

JANUARY 21, 2022

It also said that the bank had an inadequate third-party risk management program for its loan servicing. According to the regulator, the bank violated the FDPA to “make, increase, extend, or renew loans” secured by properties in special flood hazard areas until after it obtained proof of adequate insurance.

Banks 397

Banks Branding Loans Residential 397

Housing Wire

FEBRUARY 28, 2022

Mortgage professionals need a solution that gives them total insight across the customer life cycle and that can offer multiple functionalities that keep them top of mind with customers – even after the loan closes. Surefire provides total insight across the customer loan life cycle and complete digital asset management.

Marketing 397

Marketing Mortgages Branding Technology 397

Housing Wire

APRIL 30, 2024

One of our key initiatives has been to revitalize The Money Store brand, giving it a fresh, modern appeal. We’ve also implemented project management technologies and streamlined processes to improve workflow and turnaround times for loan officer requests, effectively halving the time it takes to fulfill them.

Loan Officer 448

Loan Officer Technology Loans Finance 448

Housing Wire

APRIL 25, 2022

.” The depository bank originated about $50 billion in mortgage loans in 2021, though origination volume and margins have declined considerably in recent quarters, according to its earnings statements. billion in mortgage loans, down from $12.5 Its net margin on locked loans fell to 1.02% from 1.50% in the third quarter.

Lending 396

Lending Mortgages Banks Branding 396

Housing Wire

JANUARY 14, 2021

The Boston-based company functions as an adviser and marketplace for customers looking for mortgage financing. It says it brings new transparency to the process by eschewing the traditional broker commission, typically 1.15% of the loan. More customers are preferring to complete all aspects of home buying and financing online, he said.

Pre-approval 375

Pre-approval Loans Technology Branding 375

Housing Wire

JUNE 18, 2024

a student loan servicer he joined in 2003. Homes.com focuses on selling homes and building brands for agents and brokerage firms. In the meantime, the enterprise has started the process to identify a successor. Before joining Freddie Mac, Lown was the chief financial officer of Navient Corp. ,

Commercial 448

Commercial Branding Brokerage Finance 448

Housing Wire

JULY 15, 2024

One year ago, American Advisors Group (AAG) was the top lender with 8,085 HECM loans in the 12 months ending June 30, 2023. One year later, Finance of America (FOA) — which acquired AAG — held that position but with roughly 500 fewer endorsements recorded in the prior 12 months. One year later, there was no increase in active lenders.

Mortgages 433

Mortgages Industrial Loan Officer Branding 433