Correspondent lender

Sprout Mortgage Names Samuel Bjelac EVP, National Sales to Lead TPO Channel

Retrieved on: 
Tuesday, February 8, 2022
Industry, University, Correspondent lender, Prudential Financial, West Virginia University, Solution, Predrag Bjelac, Leadership, Samuel, Correspondent, TPO, Broker, Sprout, Channel, Multi-divisional form, National, QM, Virginia University, DSCR, Real estate, Wholesaling

EAST MEADOW, N.Y., Feb. 8, 2022 /PRNewswire/ -- Sprout Mortgage , one of the nation's largest non-QM originators and fastest growing lenders, is proud to announce that Samuel Bjelac has been promoted to Executive Vice President to lead Sprout's National TPO Sales Channel, effective 2/7/22.

Key Points: 
  • EAST MEADOW, N.Y., Feb. 8, 2022 /PRNewswire/ -- Sprout Mortgage , one of the nation's largest non-QM originators and fastest growing lenders, is proud to announce that Samuel Bjelac has been promoted to Executive Vice President to lead Sprout's National TPO Sales Channel, effective 2/7/22.
  • His strategic leadership and execution will continue to connect even more mortgage professionals and their clients with powerful and unique Sprout Mortgage solutions.
  • "I am thrilled to continue cultivating a team of talented mortgage professionals to grow our Sprout Mortgage TPO channel by providing incredible products, technologies and services for our mortgage industry partner
    .
  • The future of Sprout Mortgage is promising as we continue on our path to becoming a top-ten national mortgage originator," noted Bjelac.

Lenders One Marks 20th Anniversary Year With Growth and Innovative Member Opportunities

Retrieved on: 
Tuesday, February 9, 2021
Loans, Correspondent lender

LUXEMBOURG, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Lenders One Cooperative, a national alliance of independent mortgage bankers, celebrated its 20th anniversary in 2020.

Key Points: 
  • LUXEMBOURG, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Lenders One Cooperative, a national alliance of independent mortgage bankers, celebrated its 20th anniversary in 2020.
  • In addition, Jon Gwin, COO of American Financial, Inc., was added to the Lenders One Board of Directors.
  • While 2020 was unusual and challenging, that didnt dampen the spirit of celebration for our 20th anniversary as a cooperative, said Brian A. Simon, President of Lenders One.
  • Lenders One ( LendersOne.com ) was established in 2000 as a national alliance of independent mortgage bankers, correspondent lenders and suppliers of mortgage products and services.

Sapiens' Decision Management Platform Selected by Home Point Financial

Retrieved on: 
Monday, July 13, 2020
Economy, Money, Finance, Loans, Mortgage loan, Correspondent lender, Bank, Mortgage broker, Bank of America Home Loans

Home Point Financial is rapidly growing as the nation's second-largest wholesale lender and the 13th largest correspondent lender.

Key Points: 
  • Home Point Financial is rapidly growing as the nation's second-largest wholesale lender and the 13th largest correspondent lender.
  • "The speed by which we have needed to grow and manage change in the complex mortgage environment was a major factor in our selection of Sapiens Decision for Mortgage Banking," said Phil Miller, chief operating officer at Home Point Financial.
  • "We were the only vendor that offered Home Point Financial business ownership of the solution, along with a reduction in errors via higher quality modeling and earlier testing.
  • Sapiens looks forward to helping Home Point Financial continue to grow quickly and achieve their business goals."

Sapiens' Decision Management Platform Selected by Home Point Financial

Retrieved on: 
Monday, July 13, 2020
Mortgage, Money, Economy, Finance, Loans, Discount points, Interest, Mathematical finance, Correspondent lender

Home Point Financial is rapidly growing as the nation's second-largest wholesale lender and the 13th largest correspondent lender.

Key Points: 
  • Home Point Financial is rapidly growing as the nation's second-largest wholesale lender and the 13th largest correspondent lender.
  • "Decision will provide the flexibility, efficiencies, and scalability needed to meet our company's continued rapid growth."
  • "We were the only vendor that offered Home Point Financial business ownership of the solution, along with a reduction in errors via higher quality modeling and earlier testing.
  • Sapiens looks forward to helping Home Point Financial continue to grow quickly and achieve their business goals."

Home Point Financial Named The Second-Largest Wholesale Mortgage Lender In The Nation With 400% Year-Over-Year Growth

Retrieved on: 
Wednesday, June 3, 2020
Loans, Economy, Money, Finance, Correspondent lender, Mortgage loan, Quicken Loans, Mortgage broker

ANN ARBOR, Mich., June 3, 2020 /PRNewswire/ -- Home Point Financial , one of the nation's leading mortgage lenders and servicers, today announced they are the second-largest wholesale mortgage lender for residential loans in the U.S. with year-over-year growth of more than 400%, according to Inside Mortgage Finance.

Key Points: 
  • ANN ARBOR, Mich., June 3, 2020 /PRNewswire/ -- Home Point Financial , one of the nation's leading mortgage lenders and servicers, today announced they are the second-largest wholesale mortgage lender for residential loans in the U.S. with year-over-year growth of more than 400%, according to Inside Mortgage Finance.
  • Home Point has advanced to the thirteenth largest correspondent lender and is a Top 20 national mortgage lender across all production channels.
  • Several factors have contributed to Home Point's record growth:
    Home Point does not have a "brick and mortar" retail channel.
  • Home Point is the second-largest wholesale lender and the 13th largest correspondent lender in the U.S.

Calyx Introduces Zenly

Retrieved on: 
Wednesday, May 27, 2020
Economy, Finance, Money, Loans, Mortgage broker, Mortgage bank, Mortgage loan, Fannie Mae, Correspondent lender, Underwriting, Mortgage industry of the United States, Mortgage underwriting in the United States

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.

NewRez and Shelter Mortgage Announce Launch of New Joint Venture Lender, Landed Home Loans

Retrieved on: 
Thursday, March 12, 2020
Professional services, Education, Residential Building & Real Estate, Finance, Construction & Property, Other Education, Banking, Loans, Money, Finance, Mortgage loan, Financial services, Mortgageport, Correspondent lender, NewRez LLC, Shelter Mortgage Company, L.L.C., Landed, Inc.

NewRez LLC (NewRez), a national mortgage lender, announced today the formal launch of a joint venture mortgage company recently added to its network of partners.

Key Points: 
  • NewRez LLC (NewRez), a national mortgage lender, announced today the formal launch of a joint venture mortgage company recently added to its network of partners.
  • Based in Denver, Colorado, the new joint venture lender, Landed Home Loans LLC (Landed Home Loans), is now fully operational under the leadership of President Brett Shafer.
  • Through this partnership between Landed and Shelter Mortgage/NewRez, Landed Home Loans now offers service enhancements such as a centralized platform with a customized origination and operations system, designed specifically for its customers.
  • For more information on the Shelter Mortgage joint venture platform, please contact [email protected] or go to newrez.com.

PrimeLending Wins Freddie Mac Home Possible RISE AwardSM for Outstanding Work in Affordable Lending

Retrieved on: 
Thursday, May 23, 2019
Professional services, Finance, Construction & Property, Residential Building & Real Estate, Economy, Loans, Finance, Money, Mortgage industry of the United States, United States housing bubble, Mortgage loan, Correspondent lender, Mortgage-backed security, Government policies and the subprime mortgage crisis, Loan modification in the United States

PrimeLending , a national home lender, has earned the Freddie Mac Home Possible RISE (Recognizing Individuals for Sustained Excellence) Award for Total Volume.

Key Points: 
  • PrimeLending , a national home lender, has earned the Freddie Mac Home Possible RISE (Recognizing Individuals for Sustained Excellence) Award for Total Volume.
  • The RISE Award recognizes lenders for excellence in producing the greatest volume of Home Possible mortgages Freddie Macs affordable lending solution for low-to-moderate-income home buyers.
  • The Home Possible RISE Awards combined volume from national Home Possible and Home Possible Advantage mortgage options.
  • Lenders must be active Freddie Mac sellers/servicers, and correspondent lenders and brokers must originate through those sellers/servicers.

SkyView Partners Launches Industry's First-Ever Digital Lender Marketplace For Loans To Independent Advisors Seeking Funding For M&A And Succession Planning Deals

Retrieved on: 
Thursday, March 14, 2019
Loans, Correspondent lender

Scott Wetzel, JD, Founder and Managing Partner of SkyView Partners, said, "We created our Lender Marketplace to provide our bank partners with increased transparency regarding loan flow.

Key Points: 
  • Scott Wetzel, JD, Founder and Managing Partner of SkyView Partners, said, "We created our Lender Marketplace to provide our bank partners with increased transparency regarding loan flow.
  • Ultimately, our Lender Marketplace strives to provide financial advisors with the best rates, terms and conditions possible."
  • Currently, 16 banks and two investment banks have access to the Lender Marketplace.
  • SkyView Partners is a Wayzata, Minnesota-based boutique investment bank and correspondent lender dedicated exclusively to supporting the growth of independent and registered investment advisors.