Mortgageport

loanDepot and Brookfield Residential Launch BRP Home Mortgage

Retrieved on: 
Tuesday, December 22, 2020

SCOTTSDALE, Ariz., Dec. 22, 2020 /PRNewswire/ --loanDepot and Brookfield Residential today announced a new joint venture named BRP Home Mortgage.

Key Points: 
  • SCOTTSDALE, Ariz., Dec. 22, 2020 /PRNewswire/ --loanDepot and Brookfield Residential today announced a new joint venture named BRP Home Mortgage.
  • The partnership will deliver an elegantly streamlined mortgage experience for Brookfield Residential home buyers.
  • "Brookfield Residential customers will definitely benefit from our customer-centric mortgage approach and the wide variety of loan products we have to offer," said Kelly Crowther, who will serve as President of the newly formed BRP Home Mortgage joint venture.
  • To date, loanDepot has funded over $275 billion in mortgage loans and ranks as one of the nation's largest retail mortgage lenders and the second largest nonbank retail mortgage lender.

NewRez and Shelter Mortgage Partner with The Menkiti Group to Launch Mission Mortgage LLC

Retrieved on: 
Monday, December 7, 2020

NewRez LLC (NewRez), a national mortgage lender and servicer, announced today, in partnership with The Menkiti Group, a DC-based, minority-owned integrated real estate services company, the launch of a new joint venture mortgage company, Mission Mortgage LLC (Mission Mortgage).

Key Points: 
  • NewRez LLC (NewRez), a national mortgage lender and servicer, announced today, in partnership with The Menkiti Group, a DC-based, minority-owned integrated real estate services company, the launch of a new joint venture mortgage company, Mission Mortgage LLC (Mission Mortgage).
  • Mission Mortgage, focused on residential mortgage lending, will be headquartered in Washington, DC (DC), with clients across DC, Maryland and Virginia.
  • The new joint venture lender is led by Tom OKeefe, a 25-year mortgage industry veteran and will be NewRezs 19th JV partnership under the portfolio of Shelter Mortgage Company, LLC (Shelter Mortgage), the NewRez business division focused on joint venture lending.
  • Shelter Mortgage and NewRez offer everything we are looking for in a mortgage lending partner breadth of experience, a wide product offering and market strength.

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

Retrieved on: 
Tuesday, September 1, 2020

NewRez LLC (NewRez), a national mortgage lender and servicer, announced today the launch of its newest joint venture partnership, Sanctuary Home Mortgage.

Key Points: 
  • NewRez LLC (NewRez), a national mortgage lender and servicer, announced today the launch of its newest joint venture partnership, Sanctuary Home Mortgage.
  • (Shelter Mortgage), the NewRez business division focused on joint venture (JV) lending, formed this JV with Atlanta Fine Homes Sothebys International Realty, the exclusive Sothebys International Realty affiliate in Metro Atlanta.
  • Glenda Snyder, a veteran in mortgage lending, is leading Sanctuary Home Mortgage.
  • For more information on the Shelter Mortgage joint venture platform, please contact [email protected] or go to newrez.com .

Impac Mortgage Holdings, Inc. Announces Business Update

Retrieved on: 
Monday, March 30, 2020

Impac Mortgage Holdings, Inc. (NYSE American: IMH, the Company), announced today a Company-wide business update:

Key Points: 
  • Impac Mortgage Holdings, Inc. (NYSE American: IMH, the Company), announced today a Company-wide business update:
    The Company has instituted a two week temporary suspension of all lending activity effective as of the opening of business today, March 30, 2020.
  • The Company is a micro-cap residential mortgage originator and servicer navigating the dislocation associated with the interest rate and credit risk mortgage markets.
  • Impac Mortgage Holdings, Inc. (IMH or Impac) provides innovative mortgage lending and real estate solutions that address the challenges of todays economic environment.
  • Impacs operations include mortgage lending, servicing, portfolio loss mitigation and real estate services as well as the management of the securitized long-term mortgage portfolio, which includes the residual interests in securitizations.

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

Retrieved on: 
Thursday, March 12, 2020

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.

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

Retrieved on: 
Monday, November 18, 2019

NewRez LLC (NewRez), a national mortgage lender, announced today the formation of a new joint venture mortgage company to be added to its network of partners.

Key Points: 
  • NewRez LLC (NewRez), a national mortgage lender, announced today the formation of a new joint venture mortgage company to be added to its network of partners.
  • The new joint venture lender, to be named Landed Home Loans LLC (Landed Home Loans), is based in Colorado and is currently recruiting a centralized sales leader and team to support borrowers in select markets nationwide.
  • Through partnership with lending industry leader Shelter Mortgage, Landed is able to significantly expand its services and impact.
  • Landed Home Loans is creating a centralized platform with a customized origination and operations system, designed specifically for Landed customers.

Republic First Bancorp, Inc. to Report Third Quarter Financial Results on October 28, 2019

Retrieved on: 
Monday, October 21, 2019

The Bank provides diversified financial products through its twenty-eight stores located in the Greater Philadelphia, Southern New Jersey and New York market place.

Key Points: 
  • The Bank provides diversified financial products through its twenty-eight stores located in the Greater Philadelphia, Southern New Jersey and New York market place.
  • Republic Bank stores are open 7 days a week, 361 days a year, with extended lobby and drive-thru hours providing customers with the most convenient hours compared to any bank in its market.
  • The Bank also offers a wide range of residential mortgage products through its mortgage division which does business under the name of Oak Mortgage Company.
  • All such statements are made in good faith by the Company pursuant to the safe harbor provisions of the U.S.

NewRez and Shelter Mortgage Announce Formation of New Joint Venture Lender, Your Home Financial

Retrieved on: 
Wednesday, July 31, 2019

NewRez LLC (NewRez), a national mortgage lender, announced today the formation of a new Joint Venture mortgage company to be added to its network of partners.

Key Points: 
  • NewRez LLC (NewRez), a national mortgage lender, announced today the formation of a new Joint Venture mortgage company to be added to its network of partners.
  • NewRez and Shelter Mortgage Company, LLC (Shelter Mortgage Company), the NewRez business division focused on JV lending, have partnered in this venture with Russell Real Estate Services, a long-standing family-run business serving the greater Cleveland, OH area.
  • The name of the new Joint Venture lender is Your Home Financial (Your Home Financial), and will be led by Paul McKelvey, currently an Area Sales Manager with NewRez.
  • Shelter Mortgage Company brings more than 30 years of experience in creating successful and profitable Joint Ventures to the partnership.