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WEB4 days ago · News analysis and perspective from National Mortgage News, an award-winning comprehensive digital resource serving the entire residential mortgage industry.
Wells Fargo commercial servicing sale makes Trimont a leader
WEBAug 20, 2024 · Wells Fargo plans to exit the third-party, non-agency commercial mortgage servicing business through a sale that will make the buyer a leader in one portion of the U.S. market. The Atlanta-based Trimont has agreed to buy non-agency servicing in the acquisition. Wells will retain certain servicing for government-related mortgages.
The strange litigation onslaught against CrossCountry Mortgage
WEBOct 11, 2022 · The strange litigation onslaught against CrossCountry Mortgage. By Matthew Blake October 11, 2022, 5:00 a.m. EDT 11 Min Read. According to a court filing, on March 26, 2021, Ronald Leonhardt, the founder and CEO of CrossCountry Mortgage hopped on a Zoom call with Anthony Hsieh, founder and CEO of loanDepot. Matthew Blake.
How mortgage lenders are thinking about staffing for rest of 2021
WEBJun 25, 2021 · The latest data from the Bureau of Labor Statistics reported mortgage banker and broker jobs climbed to 386,800 in April from 378,300 in March, and grew every month for the past 12. First quarter numbers from business intelligence software provider LBA Ware showed annual and quarterly spikes in mortgage hiring as well.. Loan officer turnover declined to 21% in 2020 — the lowest level since ...
MBS | Mortgage Backed Securities - National Mortgage News
WEBGinnie Mae issues warning about higher prepayments. The Department of Housing and Urban Development agency warned in an online notice that issuers with prepayments exceeding certain limits could face sanctions. Mortgage-backed securities are a type of financial instrument comprised of a pool of residential or commercial mortgages.
2021's Top Producers, Nos. 1-50 - National Mortgage News
WEBApr 12, 2021 · For the first time in the 23-year history of National Mortgage News' survey, there is a billion dollar producer at the top of the list. Christopher Gallo, a senior loan officer at NJ Lenders Corp. in Ho-Ho-Kus, N.J., logged …
20 mortgage servicing banks with the largest MSR volumes
WEBOct 24, 2022 · The top five banks in our ranking have a combined MSR volume of more than $15 billion at the end of Q2. Many servicers saw growth between Q1 and Q2, with one seeing growth of 42.14%. This ranking is based upon MortgageStats data drawn from uniform bank performance reports filed to the Federal …
My Account - National Mortgage News
WEBMembership. View and manage your membership info, payment methods and personal profile. FINE TUNING YOUR TECH STACK. Smart mortgage lenders are evaluating the effectiveness of their software tools in order to drive efficiency and growth in a competitive market. Pros weigh in on how it's done.
Events - National Mortgage News
WEBDIGITAL MORTGAGE. September 13-15, 2022 The industry’s flagship event returns in-person this Fall. This year's event will bring senior professionals to analyze the impact of complete mortgage digitization, discuss how to provide increased value to customers and explore how to reposition within an evolving marketplace. Gain insights about ...
2020 Best Mortgage Companies to Work For
WEBJan 29, 2020 · By Paul Centopani, Glenn McCullom. January 29, 2020 9:28 AM. National Mortgage News presents the second annual Best Mortgage Companies to Work For — a survey and awards program dedicated to identifying and recognizing the industry's best employers and providing organizations with valuable employee feedback. In addition to intriguing insights ...