Mortgage broker

LRES Names Peter Lutz as its Vice President, National Sales Manager

Retrieved on: 
Tuesday, February 26, 2019
Professional services, Banking, Finance, Construction & Property, Commercial Building & Real Estate, Residential Building & Real Estate, Economy, Mortgage broker, Mortgage loan

LRES , a national residential and commercial mortgage services company providing valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, announced Peter Lutz as its Vice President, National Sales Manager.

Key Points: 
  • LRES , a national residential and commercial mortgage services company providing valuations, REO asset management, and HOA solutions for the mortgage and real estate industry, announced Peter Lutz as its Vice President, National Sales Manager.
  • In this role, Mr. Lutz will be tasked with leading the sales, marketing, and client services teams.
  • Mr. Lutz is a result-driven business leader, entrepreneur, and sales management professional with a distinguished 20+ year career in executive positions on a global scale.
  • LRES is heavily focused on advancing its current service offerings to the mortgage services industry, and I intend to do my part, said Mr. Lutz.

Best’s Special Report: Mortgage Loans Remain an Attractive Investment for Insurers

Retrieved on: 
Monday, February 25, 2019
Professional services, Insurance, Finance, Money, Economy, Subprime mortgage crisis, Mortgage-backed security, Loans, Mortgage loan, Insurance, Mortgage broker

The Bests Special Report, titled, Mortgage Loans Remain an Attractive Investment for Insurers, states that the L/A industrys investment in mortgage loans has risen to nearly $500 billion at year-end 2017 from $350 billion in 2012, and that the L/A industry now holds approximately 15% of the roughly $3.14 trillion commercial mortgage debt in the United States.

Key Points: 
  • The Bests Special Report, titled, Mortgage Loans Remain an Attractive Investment for Insurers, states that the L/A industrys investment in mortgage loans has risen to nearly $500 billion at year-end 2017 from $350 billion in 2012, and that the L/A industry now holds approximately 15% of the roughly $3.14 trillion commercial mortgage debt in the United States.
  • Apartment buildings have been a focus for insurers, with investments rising by an average 15% annually over the last four years and now accounting for over 22% of insurers mortgage portfolios, compared with 16.8% in 2013.
  • In contrast, the proportion of industrial property loans has grown over the last two years, up 15.9% in 2016 and 11% in 2017.
  • Additionally, investment losses from mortgage loans historically have been low compared with the losses incurred by such loans originated by banks and other lenders.

Morningstar Credit Ratings, LLC Affirmed MOR RV1 Residential Vendor Ranking for ServiceLink Valuation Solutions

Retrieved on: 
Saturday, February 23, 2019
Mortgage broker, Mortgage loan

PITTSBURGH, Feb. 22, 2019 /PRNewswire-PRWeb/ --For the fourth consecutive year, ServiceLink Valuation Solutions, LLC, received a 'MOR RV1' ranking from Morningstar Credit Ratings, LLC, where "1" is the highest ranking available to a residential vendor in the asset-valuation market.

Key Points: 
  • PITTSBURGH, Feb. 22, 2019 /PRNewswire-PRWeb/ --For the fourth consecutive year, ServiceLink Valuation Solutions, LLC, received a 'MOR RV1' ranking from Morningstar Credit Ratings, LLC, where "1" is the highest ranking available to a residential vendor in the asset-valuation market.
  • Morningstar highlighted ServiceLink's technological advancements and multilevel risk-mitigation culture as critical factors in issuing the superior designation.
  • ServiceLink is the nation's premier provider of digital mortgage services to the mortgage and finance industries.
  • ServiceLink helps clients in the lending industry and beyond achieve their strategic goals, realize greater efficiencies, and better serve their customers.

Granite Point Mortgage Trust Inc. to Present at the Citi 2019 Global Property CEO Conference

Retrieved on: 
Friday, February 22, 2019
REIT, Construction & Property, Finance, Money, Economy, United States housing bubble, Subprime mortgage crisis, Loans, Mortgage loan, Real estate investment trust, Mortgage, Citigroup, Mortgage broker, Mortgage-backed security

Granite Point Mortgage Trust Inc. (NYSE: GPMT), announced today that Jack Taylor, Chief Executive Officer, President and Director, will present on the Mortgage REIT Panel at the Citi 2019 Global Property CEO Conference being held Tuesday March 5, 2019.

Key Points: 
  • Granite Point Mortgage Trust Inc. (NYSE: GPMT), announced today that Jack Taylor, Chief Executive Officer, President and Director, will present on the Mortgage REIT Panel at the Citi 2019 Global Property CEO Conference being held Tuesday March 5, 2019.
  • The conference panel presentation, is scheduled to begin at 11:35 a.m. EST on March 5, 2019.
  • About Granite Point Mortgage Trust Inc.
  • Granite Point Mortgage Trust Inc., a Maryland corporation, is a real estate investment trust focused on directly originating, investing in and managing senior floating rate commercial mortgage loans and other debt and debt-like commercial real estate investments.

Morningstar Credit Ratings, LLC Affirmed MOR RV1 Residential Vendor Ranking for ServiceLink Valuation Solutions

Retrieved on: 
Friday, February 22, 2019
Mortgage broker, Mortgage loan

PITTSBURGH, Feb. 22, 2019 /PRNewswire/ --For the fourth consecutive year, ServiceLink Valuation Solutions, LLC, received a 'MOR RV1' ranking from Morningstar Credit Ratings, LLC, where "1" is the highest ranking available to a residential vendor in the asset-valuation market.

Key Points: 
  • PITTSBURGH, Feb. 22, 2019 /PRNewswire/ --For the fourth consecutive year, ServiceLink Valuation Solutions, LLC, received a 'MOR RV1' ranking from Morningstar Credit Ratings, LLC, where "1" is the highest ranking available to a residential vendor in the asset-valuation market.
  • Morningstar highlighted ServiceLink's technological advancements and multilevel risk-mitigation culture as critical factors in issuing the superior designation.
  • ServiceLink is the nation's premier provider of digital mortgage services to the mortgage and finance industries.
  • ServiceLink helps clients in the lending industry and beyond achieve their strategic goals, realize greater efficiencies, and better serve their customers.

Orchestrate TechSolutions, LLC Announces Faycal Fakhry, CMB AMP as its new CEO

Retrieved on: 
Friday, February 22, 2019
Loans, Money, Finance, Economy, Mortgage, Mortgage loan, Mortgage broker, Loan servicing

CARROLLTON, Texas, Feb. 21, 2019 /PRNewswire-PRWeb/ -- Orchestrate TechSolutions - a leading global mortgage service company , has appointed Faycal "Face" Fakhry, CMB AMP as its Chief Executive Officer of US operations.

Key Points: 
  • CARROLLTON, Texas, Feb. 21, 2019 /PRNewswire-PRWeb/ -- Orchestrate TechSolutions - a leading global mortgage service company , has appointed Faycal "Face" Fakhry, CMB AMP as its Chief Executive Officer of US operations.
  • During his tenure of 20+ years in the financial industry, Face has focused on both the origination and servicing side of the industry.
  • Orchestrate TechSolutions, LLC is a Dallas based Mortgage Services company.
  • Orchestrate TechSolutions, LLC has acquired a reputation for its capability to meet and manage the diverse needs of its clients that include leading banks and financial institutions.

Entrepreneur Names Motto Mortgage to its Fastest-Growing Franchise List

Retrieved on: 
Thursday, February 21, 2019
Economy, Money, Finance, Mortgage broker, Mortgage loan, Mortgage industry of the United States, Mortgage

Today, Entrepreneur magazine named Motto Mortgage as one of the fastest-growing franchise brands in 2019.

Key Points: 
  • Today, Entrepreneur magazine named Motto Mortgage as one of the fastest-growing franchise brands in 2019.
  • Motto Mortgage was established in October 2016 and sold 50 franchises in its inaugural year in business, and sold the 100th Motto Mortgage franchise , just 23 months after its launch.
  • *
    Motto Mortgage , a "mortgage brokerage in a box," continues to create a breakthrough in the mortgage industry by providing more options, transparency and convenience for consumers.
  • To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, email [email protected] , or visit www.mottomortgage.com/offices .

Motto Mortgage Vision Now Open in Chicago

Retrieved on: 
Wednesday, February 20, 2019
Economy, Finance, Money, Mortgage broker, Mortgage loan, Mortgage

Motto Mortgage Vision is now open in downtown Chicago and serving all markets throughout Illinois.

Key Points: 
  • Motto Mortgage Vision is now open in downtown Chicago and serving all markets throughout Illinois.
  • Established by Anthony McCallahan an entrepreneur and mortgage broker with more than 18 years' experience in all aspects of the mortgage industry, Motto Mortgage Vision is a customer-first, full-service mortgage brokerage.
  • "Motto Mortgage Vision offers an advantageous alternative to the traditional mortgage bankers currently operating in Chicago," said McCallahan.
  • To learn more about Motto Mortgage, or for license information for a Motto Mortgage office, email [email protected] , or visit www.mottomortgage.com/offices .

How US Mortgage Funded Over $12 Billion and Closed Over 35,000 Units

Retrieved on: 
Friday, February 15, 2019
Loans, Mortgage loan, Economy, Money, Finance, Mortgage, Mortgage broker

A feat that they could not be prouder of, especially in the tumultuous Mortgage Business.

Key Points: 
  • A feat that they could not be prouder of, especially in the tumultuous Mortgage Business.
  • Feb. 17, 1994, Steven A. Milner founded US Mortgage Corporation and to this day he still maintains 100% ownership of the organization.
  • "I live my life by principles I refer to as 'Milnerism's', they guide my decision making and have led to the success of US Mortgage Corporation.
  • US Mortgage is a Nationally licensed direct Mortgage Lender with over 200 employees across the country.

Newly Released Optimal Blue Mortgage Market Indices Deliver a New Level of Rate Transparency to the Industry

Retrieved on: 
Tuesday, February 12, 2019
Technology, Software, Professional services, Finance, Communications, Marketing, Construction & Property, Residential Building & Real Estate, Loans, Mortgage loan, Economy, Money, Mortgage, Finance, Mortgage broker

Optimal Blue , operator of the mortgage industrys leading secondary marketing automation platform, announced today the release of its latest market innovation Optimal Blue Mortgage Market Indices or OBMMI .

Key Points: 
  • Optimal Blue , operator of the mortgage industrys leading secondary marketing automation platform, announced today the release of its latest market innovation Optimal Blue Mortgage Market Indices or OBMMI .
  • Created to provide consumers and mortgage professionals with greater visibility into key drivers of mortgage pricing, OBMMI provide an unprecedented level of daily insight into observed mortgage transactions.
  • Scott Happ, CEO of Optimal Blue, said, This is an important milestone in Optimal Blues transformation from a pricing engine to a digital mortgage marketplace.
  • In this groundbreaking inaugural release of OBMMI, Optimal Blue provides multiple mortgage rate indices developed around the most popular mortgage loan products and specific borrower attributes.