Mortgage bank

Princeton Mortgage National Sales Director Mark Gordon Honored as 2020 HousingWire Rising Star

Saturday, June 27, 2020 - 7:00pm

EWING, N.J., June 27, 2020 /PRNewswire-PRWeb/ -- Princeton Mortgage, a 36-year-old mortgage banker, announced that Mark Gordon, National Sales Director, has been named a 2020 HousingWire (HW) Rising Stars award winner.

Key Points: 
  • EWING, N.J., June 27, 2020 /PRNewswire-PRWeb/ -- Princeton Mortgage, a 36-year-old mortgage banker, announced that Mark Gordon, National Sales Director, has been named a 2020 HousingWire (HW) Rising Stars award winner.
  • Mark Gordon is continually equipping motivated individuals with tools and skills needed to thrive, leading Princeton Mortgage's sales team to excel beyond their goals.
  • Prior to Princeton Mortgage, Gordon started his career at Castle Point Mortgage where he became a top loan originator within the first year.
  • With Mark's rapid success and vision to deliver the tools to help people thrive at Princeton Mortgage, the company undoubtedly believes him to be a Rising Star in the mortgage industry.

CMG Financial Loan Officers Recognized by Scotsman Guide, Mortgage Executive Magazine, and National Mortgage News

Thursday, June 25, 2020 - 6:02pm

SAN RAMON, Calif., June 25, 2020 /PRNewswire/ --CMG Financial, a privately held, well-capitalized mortgage banking firm headquartered in San Ramon, California, congratulates its loan officers who earned placement on the annual top originator lists published by Scotsman Guide, Mortgage Executive Magazine, and National Mortgage News, including 18 loan officers who were recognized by all three publications.

Key Points: 
  • SAN RAMON, Calif., June 25, 2020 /PRNewswire/ --CMG Financial, a privately held, well-capitalized mortgage banking firm headquartered in San Ramon, California, congratulates its loan officers who earned placement on the annual top originator lists published by Scotsman Guide, Mortgage Executive Magazine, and National Mortgage News, including 18 loan officers who were recognized by all three publications.
  • As a company, CMG Financial was also recognized as a top lender in all three origination channels and total volume.Scotsman Guide named CMG Financial 11th in Wholesale Volume, 7th in Correspondent Volume, 17th in Retail Volume, and 13th in Overall Volume.
  • National Mortgage News honors the top 400 originators by number of units originated so loan officers are not limited by location or loan product types.Eighteen CMG Financial originators ranked on this year's distinguished list.
  • Throughout the mortgage banking and housing markets, CMG Financial is widely known for responsible lending practices, industry and consumer advocacy, product innovation, and operational efficiency.

Mortgage Financial Services Announces New Head of Wholesale Lending

Wednesday, June 24, 2020 - 3:30pm

FLOWER MOUND, Texas, June 24, 2020 /PRNewswire-PRWeb/ -- Mortgage Financial Services (MFS), one of the fastest growing independent mortgage banks in the nation, continues to shatter production records as it names John H. P. Hudson as the Head of Wholesale Lending.

Key Points: 
  • FLOWER MOUND, Texas, June 24, 2020 /PRNewswire-PRWeb/ -- Mortgage Financial Services (MFS), one of the fastest growing independent mortgage banks in the nation, continues to shatter production records as it names John H. P. Hudson as the Head of Wholesale Lending.
  • Brad Sullivan, CEO of Mortgage Financial Services added, "We are excited about the growth alignment between MFS and that of the third-party originator channel.
  • Currently servicing mortgage brokers in TX, LA, AL, AR, MS, TN, Mortgage Financial Services will be adding 10 new states immediately.
  • Mortgage Financial Services provides home loans for consumers via third party origination channel, licensed mortgage brokers and their loan originators.

Sierra Pacific Mortgage Names Industry Leader, Jeff Lochmandy as Vice President, Divisional Sales Director

Tuesday, June 23, 2020 - 6:03pm

Folsom, CA, June 23, 2020 (GLOBE NEWSWIRE) -- Sierra Pacific Mortgage, a national top 15 Wholesale Lender* and a tenured Independent Mortgage Company is excited to announce the hiring of Jeff Lochmandy as its Vice President, Divisional Sales Director for Third Party Originations.

Key Points: 
  • Folsom, CA, June 23, 2020 (GLOBE NEWSWIRE) -- Sierra Pacific Mortgage, a national top 15 Wholesale Lender* and a tenured Independent Mortgage Company is excited to announce the hiring of Jeff Lochmandy as its Vice President, Divisional Sales Director for Third Party Originations.
  • Lochmandy joins Sierra with over 30 years of diverse leadership experience in the mortgage industry .
  • Sierra Pacific Mortgage Company , Inc. is a leading national independent mortgage lending company, based in Folsom, California.
  • Sierra Pacific serves the retail and wholesale mortgage banking markets in 48 states through three regional fulfillment centers.

Stearns EVP Nick Pabarcus Elected to California Mortgage Bankers Association's Board

Monday, June 15, 2020 - 7:39pm

The California Mortgage Bankers Association (CMBA) appointed Nick Pabarcus, Executive Vice President of Wholesale Lending with Stearns Lending, to its Board of Directors for 2020-2021.

Key Points: 
  • The California Mortgage Bankers Association (CMBA) appointed Nick Pabarcus, Executive Vice President of Wholesale Lending with Stearns Lending, to its Board of Directors for 2020-2021.
  • Pabarcus has been active with the Mortgage Bankers Association as a CMB (Certified Mortgage Banker) and AMP (Accredited Mortgage Professional).
  • "As a member of the California MBA's Board of Directors, I will continue to drive the advocacy efforts established by the previous Board for fair, ethical residential and commercial finance legislation," said Pabarcus.
  • As an instructor with the MBA's education group since 2017, my personal focus will be CMBA member support and education for mortgage bankers that operate in California."

FormFree Director of Partner Relationships Christy Moss, CMB, Honored by NEXT Mortgage Events' Inaugural 50 Over 50 Awards Program

Thursday, June 11, 2020 - 5:47pm

ATHENS, Ga., June 11, 2020 /PRNewswire/ -- FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree.

Key Points: 
  • ATHENS, Ga., June 11, 2020 /PRNewswire/ -- FormFree Director of Partner Relationships Christy Moss, CMB, has been recognized by Next Mortgage Events (NEXT) as a 50 Over 50 honoree.
  • In its inaugural year, the awards program honors female powerhouses in the mortgage industry.
  • Moss was recognized for her industry contributions as a mortgage banker, change-maker at government-controlled mortgage finance giantFannie Mae and advocate for digital transformation at FormFree.
  • During her 11-year tenure at Fannie Mae, Moss played a critical role advancing business initiatives beneficial to the post-crisis mortgage lending ecosystem.

American Mortgage Network's President and CEO Joseph Restivo Named HousingWire Rising Star

Wednesday, June 10, 2020 - 2:00pm

The result is the establishment of the new American Mortgage Network as a 100% employee-owned company (ESOP).

Key Points: 
  • The result is the establishment of the new American Mortgage Network as a 100% employee-owned company (ESOP).
  • Before starting American Mortgage Network, Restivo was the founder, owner and operator of two mortgage broker firms and one mortgage bank as well as a top originator.
  • He was the Vice President at Castle Mortgage and founded Rite Way Mortgage.
  • This is an extremely special group of Rising Stars winners," said Clayton Collins, CEO of HousingWire.

Calyx Introduces Zenly

Wednesday, May 27, 2020 - 2:00pm

DALLAS, May 27, 2020 (GLOBE NEWSWIRE) -- Calyx, a leading provider of comprehensive mortgage software solutions for banks, credit unions, brokers, mortgage bankers, wholesale and correspondent lenders, announced today a new, cloud-based origination platform, Zenly, that can be purchased and operational in 15 minutes.

Key Points: 
  • DALLAS, May 27, 2020 (GLOBE NEWSWIRE) -- Calyx, a leading provider of comprehensive mortgage software solutions for banks, credit unions, brokers, mortgage bankers, wholesale and correspondent lenders, announced today a new, cloud-based origination platform, Zenly, that can be purchased and operational in 15 minutes.
  • Zenly also includes seamless loan submission to Fannie Maes Desktop Originator (DO) Through DO, sponsored mortgage brokers have access to the automated underwriting system, Desktop Underwriter (DU).
  • Zenly is designed for brokers who want simplicity, convenience and speed for their borrowers, themselves and their lender partners, said Patrice Power, Marketing Director at Calyx.
  • Combined with its extensive network of integrated partners, Calyx products deliver a true digital mortgage solution that maximizes profitability and enhances the customer experience.

Dougherty Mortgage Selects SS&C to Support Loan Servicing Business

Wednesday, May 6, 2020 - 2:00pm

Dougherty Mortgage originates over $1 billion in real estate loans annually and services more than $7 billion in loans.

Key Points: 
  • Dougherty Mortgage originates over $1 billion in real estate loans annually and services more than $7 billion in loans.
  • "Having one end-to-end system to support our servicing operations was an important consideration in our quest to be a leader in this space," said David Juran, President of Dougherty Mortgage.
  • In addition, Dougherty Mortgage LLC provides loan servicing on their mortgages and is an approved Ginnie Mae seller/servicer, currently servicing in excess of $7.1 billion of loans.
  • Dougherty Mortgage LLC has also been awarded designation as a lender/partner with USDA under the Community Facilities Guaranteed Loan Program.

First Community Mortgage Names New President

Tuesday, May 5, 2020 - 1:31pm

MURFREESBORO, Tenn., May 5, 2020 /PRNewswire/ -- First Community Mortgage (FCM) has named Dan Smith as its new President.

Key Points: 
  • MURFREESBORO, Tenn., May 5, 2020 /PRNewswire/ -- First Community Mortgage (FCM) has named Dan Smith as its new President.
  • Founded in 2002, First Community Mortgage, Inc. is a wholly owned subsidiary of First Community Bank of Tennessee.
  • First Community Mortgage is a FNMA, FHLMC, and GNMA seller/servicer and offers mortgage solutions to consumers and financial institutions.
  • First Community Mortgage was the recipient of the Mortgage Bankers Association's prestigious 2017 Residential Diversity and Inclusion Leadership Award for Market Outreach Strategies.