Mortgage bank

Mortgage Servicers Score Points with Customers during Pandemic but Threats Loom for Banks, J.D. Power Finds

Retrieved on: 
Thursday, July 29, 2021

Bank-affiliated servicers, which have historically outperformed non-banks by a large margin, gain just four points in satisfaction this year.

Key Points: 
  • Bank-affiliated servicers, which have historically outperformed non-banks by a large margin, gain just four points in satisfaction this year.
  • Overall satisfaction among at-risk customers increases 15 points year over year, while satisfaction scores among low-risk customers declines one point.
  • Satisfaction scores among customers who also use their servicers bank products are 55 points higher than among those who have mortgage-only relationships.
  • Rocket Mortgage (which includes Quicken Loans) is the highest-ranked mortgage servicer for an eighth consecutive year, with a score of 860.

New Fed Mortgage Expands Mortgage Lending Into North Carolina

Retrieved on: 
Friday, July 23, 2021

DANVERS, Mass., July 23, 2021 /PRNewswire-PRWeb/ -- Massachusetts based New Fed Mortgage Corp., a multi-state residential mortgage lender is pleased to announce their approval by the North Carolina Commissioner of Banks to lend in the state and is now able to serve the state with a wide array of mortgage programs.

Key Points: 
  • DANVERS, Mass., July 23, 2021 /PRNewswire-PRWeb/ -- Massachusetts based New Fed Mortgage Corp., a multi-state residential mortgage lender is pleased to announce their approval by the North Carolina Commissioner of Banks to lend in the state and is now able to serve the state with a wide array of mortgage programs.
  • New Fed Mortgage President, Brian D'Amico, commented "Our goal is to work one on one with our clients in North Carolina with a hands-on approach throughout every step of the process to help them with the pursuit of home ownership.
  • New Fed Mortgage, an approved Fannie Mae and Freddie Mac seller servicer, is looking to create more lending opportunities in North Carolina with their consumer direct channel to serve the region as well as looking for opportunities with Branch Managers.
  • New Fed Mortgage has specialized in residential retail mortgage lending since 2001.

Motto Mortgage Home Now Open in Hawaii

Retrieved on: 
Thursday, July 22, 2021

HONOLULU, July 22, 2021 /PRNewswire/ --Motto Mortgage, an innovative mortgage brokerage franchise focused on transparency and compliance, has a new office in Hawaii, Motto Mortgage Home is now open in Honolulu and serving all markets throughout the Paradise State.

Key Points: 
  • HONOLULU, July 22, 2021 /PRNewswire/ --Motto Mortgage, an innovative mortgage brokerage franchise focused on transparency and compliance, has a new office in Hawaii, Motto Mortgage Home is now open in Honolulu and serving all markets throughout the Paradise State.
  • Established by Thu Nguyen, with extensive experience in finance, Motto Mortgage Home is a customer-first, full-service mortgage brokerage.
  • "Motto Mortgage Home offers an advantageous alternative to the traditional mortgage bankers currently operating in Honolulu," said Nguyen.
  • Motto Mortgage Home is open for business at 729 Ekekla Ave., but currently implementing health precautions to make the mortgage experience as safe as possible for customers and employees.

Motto Mortgage Avalon Now Open in Georgia

Retrieved on: 
Thursday, July 22, 2021

Motto Mortgage Avalon is now open in Alpharetta and serving all markets throughout the Peachtree State.

Key Points: 
  • Motto Mortgage Avalon is now open in Alpharetta and serving all markets throughout the Peachtree State.
  • Established by Khalil Suleiman, with more than 25 years' experience in finance and technology companies, Motto Mortgage Avalon is a customer-first, full-service mortgage brokerage.
  • "Motto Mortgage Avalon offers an advantageous alternative to the traditional mortgage bankers currently operating in Alpharetta," said Suleiman.
  • Motto Mortgage Avalon NMLS # 2113860 a locally owned and operated full-service mortgage brokerage serving all of Georgia, located at 12150 Morris Rd.

Anthony Assi Joins NMB to Launch FasterFi, a New Digital-First Lending Platform

Retrieved on: 
Tuesday, July 20, 2021

MELVILLE, N.Y., July 20, 2021 /PRNewswire/ -- Nationwide Mortgage Bankers ("NMB") is proud to announce that Anthony Assi, the #17 mortgage loan originator in the U.S. in 2021 per Scotsman Guide, has joined NMB to launch FasterFi, a ground-breaking digital lending platform offering incredible pricing and speed to well-qualified borrowers looking for a self-driven home financing experience online.

Key Points: 
  • "I am excited to join the NMB team in making FasterFi the go-to digital lending platform for consumers that want transparency, speed, and reward for their financial diligence."
  • Anthony Assi is renowned in the digital mortgage space as a top originator and thought leader.
  • With emphasis on technology-driven lending and more than 12 years of mortgage banking experience; Assi brings a fresh approach to service for the modern consumer.
  • While acheiving record-breaking numbers only a year ago, Anthony and NMB have even bigger plans for the future with FasterFi.

InterLinc Mortgage Celebrates Unprecedented Growth Records

Retrieved on: 
Wednesday, July 14, 2021

HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.

Key Points: 
  • HOUSTON, July 14, 2021 /PRNewswire-PRWeb/ --InterLinc Mortgage, a full-service mortgage banking firm, is celebrating a full 2020 year of growth and a record-breaking first half of 2021.
  • When the pandemic first began, everyone in the mortgage industry was planning for the worst-case scenario," says Gene Thompson, InterLinc CEO.
  • InterLinc has been named to Scotsman Guide's Top Lenders list and National Mortgage News' Best Mortgage Companies to Work For list already this year.
  • InterLinc Mortgage is a full-service mortgage banking firm with approvals from the three largest issuers of mortgage-backed securities, Fannie Mae, Freddie Mac and Ginnie Mae.

Union Home Mortgage Welcomes New Team Lead to Slidell Branch

Retrieved on: 
Tuesday, July 6, 2021

Union Home Mortgage (UHM), a high-growth independent mortgage banking company with world-class culture, today announced the hiring of Becky Roberts as a team lead loan officer at the Slidell, Louisiana branch.

Key Points: 
  • Union Home Mortgage (UHM), a high-growth independent mortgage banking company with world-class culture, today announced the hiring of Becky Roberts as a team lead loan officer at the Slidell, Louisiana branch.
  • We are thrilled to welcome Becky to the UHM team, said Bill Cosgrove, President & CEO of Union Home Mortgage.
  • Beckys industry insight and genuine excitement for all buyers are valuable assets for the continued national growth of Union Home Mortgage, which has been in business for more than 50 years.
  • I am incredibly excited for the opportunity to work for an organization like Union Home Mortgage, said Roberts.

HarborOne Mortgage’s Camille Madden Named Mortgage Banker’s 2021 Powerful Women of Mortgage Banking

Retrieved on: 
Friday, July 2, 2021

HarborOne Bancorp, Inc. (NASDAQ: HONE), the holding company for HarborOne Bank announced today that Camille Madden, President of HarborOne Mortgage, was named one of Mortgage Bankers 2021 Powerful Women of Mortgage Banking.

Key Points: 
  • HarborOne Bancorp, Inc. (NASDAQ: HONE), the holding company for HarborOne Bank announced today that Camille Madden, President of HarborOne Mortgage, was named one of Mortgage Bankers 2021 Powerful Women of Mortgage Banking.
  • When HarborOne acquired Merrimack Mortgage Company, becoming HarborOne Mortgage in 2018, Camille worked on strategies for continued future growth, energized her team and helped push us to grow.
  • As President of HarborOne Mortgage, Ms. Madden has been an integral part of growing HarborOne Mortgages portfolio and was pivotal in helping the mortgage banking income grow to $31.9 million in 2020, a 145.6 percent increase from 2019.
  • Each nomination for Mortgage Bankers Powerful Women of Mortgage banking was reviewed carefully by a panel of judges and 27 winners were chosen.

Union Home Mortgage Foundation Announces Second Quarter Grant Recipients

Retrieved on: 
Wednesday, June 30, 2021

The Union Home Mortgage Foundation, a charitable organization whose mission is to equip families with the tools and resources to achieve economic self-sufficiency, has announced its grant recipients for the second quarter of 2021.

Key Points: 
  • The Union Home Mortgage Foundation, a charitable organization whose mission is to equip families with the tools and resources to achieve economic self-sufficiency, has announced its grant recipients for the second quarter of 2021.
  • For more information on the Union Home Mortgage Foundation, visit www.uhmfoundation.org , call 440.536.3496 or email [email protected] .
  • The Union Home Mortgage Foundation was established in 2015 as the charitable arm of independent mortgage banking company Union Home Mortgage Corp (UHM).
  • To learn more about Union Home Mortgage and their efforts in the community, please visit https://www.uhm.com/ .

SWBC Mortgage Expands its Presence with New Branches from Coast-to-Coast

Retrieved on: 
Wednesday, June 30, 2021

"SWBC Mortgage professionals live and lend in the same communities with our customers," said Susan Stewart, CEO of SWBC Mortgage, and the current national chairperson of the Mortgage Bankers Association (MBA).

Key Points: 
  • "SWBC Mortgage professionals live and lend in the same communities with our customers," said Susan Stewart, CEO of SWBC Mortgage, and the current national chairperson of the Mortgage Bankers Association (MBA).
  • This growth allows SWBC Mortgage to expand its footprint into new markets, providing a superior mortgage experience for local customers and communities through 78 retail branches across the nation.
  • SWBC Mortgage Corporation ( www.swbcmortgage.com ) is a full-service mortgage lender approved with FNMA, FHLMC, and GNMA.
  • Headquartered in San Antonio, Texas, SWBC Mortgage has been providing mortgage banking services since 1988.