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Maverix Advisory Group adds Kevin Van Eck as principal

Housing Wire

Van Eck will assume the role of principal after a 16-year tenure at @properties. It offers a wide variety of services in the mortgage and real estate spaces, including pipeline development, integration support, recruiting, branding, strategic partnerships, sales support, events, mergers and acquisitions, and fundraising.

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How Pennymac is navigating the double-edged sword of lower rates

Housing Wire

In total, loan acquisitions and originations had an unpaid principal balance (UPB) of $31.7 At the same time, our servicing portfolio — now near $650 billion in unpaid principal balance and nearly 2.6 million in Q2 2024 and $25.2 million in Q3 2023. This was a reflection of more volume rather than higher margins. As of Sept.

Principal 435
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United Real Estate expands Midwest footprint through Kansas City merger

Housing Wire

In a company statement, United Real Estate President Rick Haase expressed excitement about bringing SunWest operating principal and partner Jerry Braklow and his team into the fold. “We are empowering them to shine and position their brand however they choose.

Brokerage 397
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Compass acquires luxury brokerage in Washington, D.C.

Housing Wire

It will continue to operate under its own brand and its leadership will be retained. WFP is run by Anderson alongside principal broker Dana Landry, managing partner William Moody and managing partner Marc Schappell. At the end of 2023, the number of principal agents at the brokerage stood at 14,683.

Brokerage 351
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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Sellers loan officers who agree to move over to Buyer may want (in addition to use of their team name which is typically an assumed name of Seller) to continue to use Sellers name for a period of time after closing, as part of their recognized brand.

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Pennymac’s profits shrink, but its servicing portfolio now stands at a massive $680B

Housing Wire

In our production segment, we acquired or originated nearly $30 billion in unpaid principal balance (UPB) of loans at higher note rates, which strategically positions our consumer direct division for significant growth when interest rates decline. billion in unpaid principal balance, down 19% from the prior quarter and up 33% from Q1 2024.

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How to become a real estate broker & launch a brokerage — Advice from a KW mega broker

Housing Wire

To excel, you must enter the industry with four main elements: a clear vision, a recognizable brand, an inspired team, and the systems to support them. If you live in one those states, leveling up your career might mean studying to become a Managing Broker or Principal Broker. A good brand will set you apart from other brokerages.

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