Housing Wire

JANUARY 5, 2021

It’s unclear what the deal values Stearns at, but the lender originated $20 billion in mortgages last year, according to Guaranteed Rate, which claims to have originated $73 billion in mortgages in 2020. Guaranteed Rate ended the year as the 11th-largest lender in the country, according to Inside Mortgage Finance.

Lending 538

Lending Bankruptcy Loans Mortgages 538

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Windsor, Ontario-based Edison Financial will officially change its name to Rocket Mortgage Canada and operate as Rocket Mortgage on August 8.

Brokerage 434

Brokerage Mortgages Banks Lending 434

Housing Wire

MARCH 11, 2025

Federally registered broker and correspondent lender Milestone Mortgage Solutions has acquired Willow Home Loans and is looking to join the $1 billion origination club this year. ” Russell Petty, the founder of North Carolina -based Willow (formerly Grow Mortgage), said he expects to do $1 billion in origination volume in 2025.

Loans 363

Loans Mortgages Loan Officer Technology 363

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.

Brokerage 368

Brokerage Mortgages Lending Technology 368

Housing Wire

SEPTEMBER 28, 2021

Real estate brokerages can survive, but only if they seriously invest in mortgage. So said members of a panel Tuesday on the evolution of the real estate brokerage during HousingWire Annual in Frisco, Texas. It is increasingly important for agents to align themselves with a business model that includes brokerage,” Kelly said.

Brokerage 447

Brokerage Mortgages Title Sales 447

Housing Wire

SEPTEMBER 9, 2024

added mortgage lending under its umbrella by acquiring mortgage brokerage company Be My Neighbor on Monday. Be My Neighbor will enable reAlpha to provide integrated mortgage services to consumers who utilize the reAlpha platform to purchase homes, reAlpha said. This consists of $1.5

Brokerage 436

Brokerage Mortgages Technology Branding 436

Housing Wire

MARCH 3, 2025

HousingWire is proud to announce the 2025 Finance Leaders, recognizing 40 of the most impactful finance executives in the mortgage and real estate industries.

Finance 350

Finance Lending Principal MLS 350

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. But this is no ordinary mortgage startup. For starters, it does not originate mortgage refinancings.

Lending 476

Lending Pre-approval Mortgages Closing 476

Housing Wire

OCTOBER 17, 2024

In 2011, he founded the innovative brokerage The Agency RE, and he recently launched a real estate agent trade group that aims to serve as an alternative to the National Association of Realtors (NAR). JA: You also launched a joint venture called Aclara Lending in conjunction with Barrett Financial.

Industrial 458

Industrial Brokerage Branding Agents 458

Housing Wire

MARCH 20, 2025

billion deal to acquire resi brokerage and portal Redfin in Q2 or Q3 2025. It seems that everyone in mortgage and real estate has an opinion about Rocket Mortgage ‘s pending $1.75 After the deal was announced, CEO Varun Krishna told investors that he expects a lift in purchase mortgage growth after the deal closes.

Mortgages 222

Mortgages Loan Officer Brokerage Loans 222

Housing Wire

AUGUST 5, 2020

Last week, we published a story about United Wholesale Mortgage (UWM) offering 15-year fixed mortgage rates as low as 1.875% for purchases and refinances. For example, about two weeks ago, Quicken Loans advertised a “limited-time” rate of 1.99% on 15-year mortgages. Others just wanted more details.

Mortgages 528

Mortgages Loan Officer Lending Loans 528

Housing Wire

JULY 16, 2021

The second big mortgage joint venture announcement this week is a meeting of the Glenns. Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending , called Success Lending. The Mobile “Must-Haves” Reshaping Mortgage Technology. Presented by: SimpleNexus.

Mortgages 435

Mortgages Lending Bankruptcy Brokerage 435

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. NEXA did $6.29

Mortgages 468

Mortgages Brokerage Loan Officer Lending 468

Housing Wire

AUGUST 11, 2021

1 mortgage lender in the U.S. Such are the ambitions of an array of companies today including Zillow and real estate brokerage Compass. And there’s one lending partner that has the solutions and resources to give LOs just that. The post Rocket announces discount real estate brokerage appeared first on HousingWire.

Brokerage 448

Brokerage Agents Lending Finance 448

Housing Wire

MARCH 7, 2025

Rocket Mortgage is shutting down its Canadian operations as the company refocuses on its core U.S. 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.

Mortgages 198

Mortgages Title Lending Brokerage 198

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. ” “We think about it more like opportunity.

Branding 413

Branding Brokerage Commercial Title 413

Housing Wire

SEPTEMBER 30, 2024

Mauricio’s Umansky’s The Agency is getting into the mortgage business. 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.

Mortgages 428

Mortgages Lending Brokerage Loans 428

Housing Wire

NOVEMBER 5, 2024

Chief financial officer David Hayes said in a statement that in the third quarter, there was a “modest improvement in the mortgage market, coupled with the company’s positive operating leverage,” which fueled the return to profitability. “As In September, it hired military advocate Bryan Bergjans to boost its lending capacity in the U.S.

Purchase and sale agreement 396

Purchase and sale agreement Equity Loan Officer Principal 396

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 435

Brokerage Loan Officer Loans Mortgages 435

Housing Wire

JULY 15, 2022

Wells Fargo ‘s second-quarter earnings reflect the broader challenges mortgage lenders face in such a turbulent market – in just six months, a rapid rise in mortgage rates has eroded consumer demand, shocked capital markets and forced mass industry layoffs. The lone bright spot was higher mortgage servicing income.

Mortgages 458

Mortgages Lending Banks Brokerage 458

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 339

Lending Principal Industrial Development 339

Housing Wire

OCTOBER 3, 2023

New r ez has launched Onward Home Mortgage , a joint venture mortgage company in partnership with Keller Williams Georgia Legacy Group (GLCG). Through the partnership with agents at Keller Williams GLG, mortgage professionals at Onward Home Mortgage and Newrez will target borrowers in the Southeast United States.

Mortgages 447

Mortgages Loan Officer Brokerage Residential 447

Housing Wire

JULY 18, 2022

new jobs hiring, housing jobs, recruiting for mortgage industry. Based on the headlines, one might assume the mortgage business is a complete disaster. Some mortgage companies will merge to stay afloat, and many others will go under. Recruiting battles for LOs remain fierce, mortgage executives and LOs told HousingWire.

Mortgages 476

Mortgages Banks Brokerage Loans 476

Housing Wire

NOVEMBER 7, 2023

Newrez has launched a new joint venture mortgage company, Carnegie Mortgage Partners , in collaboration with a top Keller Williams franchise network in Bergen County, New Jersey, the lender announced on Monday. The joint venture mortgage company is led by Margaret Bernabei, a former branch manager at a CrossCountry Mortgage outpost.

Mortgages 435

Mortgages Principal Brokerage Lending 435

Housing Wire

JANUARY 10, 2025

Incenter Lender Services , a group of companies that help nonbank and depository mortgage lenders nationwide, announced this week the hiring of two new vice presidents. I develop, direct, and provide strategic vision for sales and marketing plans for mortgage products and services,” according to her bio.

Principal 369

Principal Lending Development Mortgages 369

Housing Wire

AUGUST 15, 2023

The Real Brokerage Inc. In her new role, Rozenblat will be responsible for overseeing Real’s day-to-day operations, implementing strategies to enhance efficiency and ensuring the execution of the virtual brokerage’s tech vision. She’ll undoubtedly stay busy at Real, one of the nation’s fastest-growing brokerages.

Brokerage 363

Brokerage Title Lending Agents 363

Housing Wire

APRIL 1, 2025

These standout professionals all 40 years old or younger are driving innovation, transforming their organizations, and shaping the future of real estate, mortgage, and fintech. Each year, HousingWires Rising Stars award recognizes the next generation of leaders making a significant impact on the industry.

Lending 267

Lending Technology Title Development 267

Housing Wire

AUGUST 9, 2023

Fast-growing The Real Brokerage posted a $3.97 Poleg acknowledged the headwinds faced by the industry, telling analysts that elevated mortgage rates are stifling sales activity. Like many other brokerages , the firm is still in the red (it lost over $20 million last year). The brokerage now operates in 47 states in the U.S.

Brokerage 356

Brokerage Agents Title Lending 356

Housing Wire

MAY 28, 2024

Fathom Holdings , the parent company of cloud-based real estate brokerage Fathom Realty , appointed Jon Gwin as chief operating officer. A licensed real estate broker since 2006, he managed a brokerage in San Diego and he also played a crucial role in establishing some of the first compliance management systems in the mortgage industry.

Industrial 440

Industrial Title Brokerage Branding 440

Inman

SEPTEMBER 30, 2024

The national brokerage is making its start in Southern California and has been created through a partnership with mortgage service provider Barrett Financial Group, The Agency has informed Inman.

Brokerage 173

Brokerage Lending Mortgages 173

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 acquisition is intended to enable Seattle-based Redfin to expand its loans products nationally, as it wants to be a one-stop-shop for brokerage and lending.

Equity 488

Equity Purchase and sale agreement Loan Officer Lending 488

Housing Wire

AUGUST 4, 2021

Glenn Stearns, founder and CEO at Kind Lending. Residential real estate brokerage eXp continues to be profitable, and company CEO Glenn Sanford became a fan of Glenn Stearns through reality television. The joint venture announced this July is called Success Lending , and it is slated to get off the ground in October.

Lending 418

Lending Brokerage Residential Mortgages 418

Housing Wire

FEBRUARY 3, 2021

A Chicago-area real estate developer and two mortgage professionals participated in a mortgage fraud scheme that defrauded banks out of at least $3 million, the U.S. Mortgage fraud threats have greatly increased since the COVID-19 pandemic began. Attorney’s Office in Chicago said Tuesday. Presented by: FundingShield.

Mortgages 416

Mortgages Loans Banks Lending 416

Housing Wire

AUGUST 16, 2022

Nearly 70 mortgage lenders and brokers made it on the list of Inc. All the top five mortgage lenders debuted on the Inc. theLender , which offers government and conventional mortgages as well as non-QM products, saw a 20,489% three-year growth rate. All the top five mortgage lenders debuted on the Inc. Zap Mortgage (no.335),

Mortgages 370

Mortgages Lending Investor Loans 370

Housing Wire

OCTOBER 6, 2022

Keller Mortgage , the lending arm of real estate holding company kwx , is the latest firm to be hit by the rapidly decreasing demand for mortgages. On Monday, the company underwent a “mass layoff,” according to posts by former Keller Mortgage employees on LinkedIn. 30, mortgage applications decreased 14.2%

Mortgages 370

Mortgages Loan Officer Title Lending 370

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. Connie Kim: You had a long run at Wyndham Capital Mortgage dating back to 2011.

Loans 416

Loans Mortgages Loan Officer Lending 416

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. HW: How has wholesale changed over the past 2–3 years?

Mortgages 370

Mortgages Lending Loan Officer Technology 370