Direct Lenders Continue to Take Market Share from Reverse Mortgage Brokers – Broker business continues to lag behind direct retail lenders business according to the latest data from Reverse Market Insight. During August, overall reverse mortgage volume was up 13%, with retail.
Credit union giant buys Frisco office for mortgage department – “PenFed’s expansion in the Dallas region allows us to best support our members,” said PenFed President of Mortgage Banking Winston Wilkinson. “A mortgage is a long-term relationship, and at PenFed we.
Mortgage Lenders and Direct Mail: A Successful and Rewarding Partnership – Direct mail proves to be a successful and rewarding marketing tool for the mortgage industry. In fact, more and more mortgage lenders are returning to direct mail and taking advantage of its tangible,
‘Wonky’ Loan Debacle Spooks J.C. Penney’s Lenders, Investors – The Plano-based retailer calmed. "It seems like days after the lenders kind of digested the news, they did not seem to be as anxious about it." But as J.C. Penney cleared up one problem, commercial.
Going Digital Direct Requires Lenders To Adopt A Whole New Mindset’ – web-based mortgage application solution and lender marketplace in January. “But when a lender transitions from a traditional retail operation to online direct and they start doing business online only.
How Dan Gilbert has made Quicken Loans thrive in mortgage industry – How Dan Gilbert has made Quicken Loans thrive in mortgage industry Dan Gilbert’s mortgage company is now the nation’s No. 1 direct-to-consumer lender. But if it ever sputters out, so could Detroit’s.
How Reverse Mortgage Lenders Handle the Condo Approval Process – The required Federal Housing Administration (FHA) approval process for condominiums has been a consistent thorn in the side of the reverse mortgage business. Because it is the full condo complex that.
Could Detroit become Mortgage City? It now boasts 2 top lenders – united wholesale works with mortgage brokers, the agents who search out lenders and rates for their consumer clients. Quicken also lends through brokers but its main approach is direct-to-consumer.
NY Reverse Mortgage Lender Faces Settlement for Misleading Advertising – New York Attorney General Eric Schneiderman has announced a settlement with reverse mortgage lender New view mortgage corp. for misleading direct mail marketing sent to 10,000 area seniors. New View.
Reali acquires online mortgage lender Lenda – SAN MATEO, Calif., April 17, 2019 /PRNewswire/ – Reali, the real estate technology company transforming home-buying and selling, announced today it has acquired Lenda, a leading online direct mortgage.
Mortgage brokers launch BRAWL initiative to combat unethical whole-tail lender practices – According to data published by Inside Mortgage Finance, through the first six months of 2017, nearly 2/3 of the Top 25 wholesale lenders in the U.S. actually focus primarily on retail loans. However,
Mortgage lenders Pinnacle Direct, Tri-Star merge – Pinnacle Direct Funding Corp., a wholesale mortgage lender, merged with sister company Tri-Star Lending Group. The newly combined company, part of Orlando Fla.-based financial services firm The.