DRMC

Diamond Residential Mortgage Corporation Enhances Offerings to Strengthen Underserved Communities

Retrieved on: 
Thursday, August 31, 2023
Diamond, Freddie Mac, DRMC, Forest, Fannie Mae, Real estate

Lake Forest, Il, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Diamond Residential Mortgage Corporation (DRMC) reaffirms its commitment to underserved communities by introducing a new enhancement to its Fannie Mae and Freddie Mac offerings.

Key Points: 
  • Lake Forest, Il, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Diamond Residential Mortgage Corporation (DRMC) reaffirms its commitment to underserved communities by introducing a new enhancement to its Fannie Mae and Freddie Mac offerings.
  • This initiative, which offers rate incentives based on property location, paves the way for expanded homeownership opportunities and reaffirms DRMC’s dedication to strengthening communities.
  • Paul Diamond, CEO of DRMC, stated, "Our primary objective has always been to ensure reliable mortgage solutions for every deserving individual.
  • This enhancement emphasizes our ongoing effort to strengthen communities, ensuring broader homeownership accessibility."

Shifting Populations and Remote Work Trends Give Borrowers More Options

Retrieved on: 
Thursday, April 14, 2022
Diamond, COVID-19, New Data Seal, Hendricks, Population, VP, The Wall Street Journal, Ageing, Rural area, Rural development, ITIN, DRMC, Census, SVP, FHA, Movement, RD, United States Census Bureau, NMLS, Housing, Income, Labor Department Act, No Down Payment, Multimedia, United States Department of Agriculture, USDA, Ministry of Labour, Real estate

LAKE FOREST, Ill., April 14, 2022 /PRNewswire/ -- Twenty-four months after Covid-19 lockdowns began shifting work to hybrid and work-from-home models, only a third of U.S employees have returned to their offices, according to the Wall Street Journal. As employees realize they have expanded options on where they can live, there has been a push out of city centers where buyers can get more home for their money.

Key Points: 
  • While these trends affect major coastal cities like New York and Los Angeles, the movement can be seen in the towns across the Midwest as well.
  • "I have seen massive growth in the counties surrounding Indianapolis," said Jennifer Goldsby, VP, Renovation Lending at Diamond Residential Mortgage Corporation .
  • The rise in flexible work options and locations has also led to an increase in the gig economy.
  • "These borrowers don't typically meet standard eligibility requirements for traditional loan products," said Kris Brian, SVP of Mortgage Products at DRMC.

Diamond Residential Mortgage Ups Commitment to Underserved Communities Through New Product Launch

Retrieved on: 
Wednesday, March 9, 2022
Diamond, Time, DRMC, Workforce, Hope, EVP, ITIN, Ill, Multimedia, SVP, Solution, Bankruptcy, Green national product, History, Reward, Real estate

"The current mortgage market has proven to be quite the challenge for many borrowers," said Kris Brian, SVP of Mortgage Products at DRMC.

Key Points: 
  • "The current mortgage market has proven to be quite the challenge for many borrowers," said Kris Brian, SVP of Mortgage Products at DRMC.
  • "That is why DRMC has stayed committed to the goal of finding a solution for all borrowers, including those underserved by the traditional mortgage industry."
  • DRMC understands the inequities often found in the mortgage market and is working to address those issues and find solutions for underserved and often left behind borrowers.
  • Diamond Residential Mortgage Corporation is a Midwestern-based mortgage banker with corporate headquarters in Lake Forest, Illinois.

A Decade of Donations - Diamond Residential Mortgage Corporation Division President Makes Annual Trip to Mexican Orphanage

Retrieved on: 
Tuesday, December 21, 2021
Diamond, Restrepo, EVP, Division, Family, Food, The Diamond Bar, DRMC, Heart, Friends, National Product, CA, Household, Clothing, Multimedia, Restaurant, Pharmaceutical industry

Door of Faith Orphanage is a non-denominational, evangelical Christian orphanage founded in Tijuana, Mexico, in 1959 and relocated to its current site in 1962.

Key Points: 
  • Door of Faith Orphanage is a non-denominational, evangelical Christian orphanage founded in Tijuana, Mexico, in 1959 and relocated to its current site in 1962.
  • This tradition began in late 2009 by happenstance when Restrepo came upon an overflow of household products, clothing, and non-perishables.
  • Diamond Residential Mortgage Corporation is a Midwestern-based mortgage banker with corporate headquarters in Lake Forest, Illinois.
  • Founded in 2009 by Paul Diamond, DRMC has since expanded to over 30 branch locations across the United States.

A Lead Program Built by Loan Officers, for Loan Officers - Launched by Diamond Residential Mortgage

Retrieved on: 
Thursday, December 9, 2021
Diamond, DRMC, Digital, Multimedia, CPO, Solution, CEO, FHA, Automation, VP, Real estate, Online shopping

Diamond Residential Mortgage Corporation strives to preserve this core value while growing and embracing new technologies.

Key Points: 
  • Diamond Residential Mortgage Corporation strives to preserve this core value while growing and embracing new technologies.
  • Paul Diamond (CEO) and Richard Smith (CPO) posed this question to Matt Eskew in the fall of 2019.
  • He embraced the opportunity to build a digital channel at DRMC by achieving full licensing as a mortgage loan originator.
  • Jennifer Goldsby, VP, Renovation Lending
    Diamond Residential Mortgage Corporation is a Midwestern-based mortgage banker with corporate headquarters in Lake Forest, Illinois.

Diamond Residential Mortgage Corporation Committed to Renovation Lending

Retrieved on: 
Wednesday, November 17, 2021
Diamond, Housing, FHA, VP, Fannie Mae, View, Multimedia, FOR, DRMC, Real estate

LAKE FOREST, Ill., Nov. 17, 2021 /PRNewswire/ -- Diamond Residential Mortgage Corporation is pleased to introduce Jennifer Goldsby as VP, Renovation Lending and announce its approval to deliver HomeStyle Renovation loans directly to Fannie Mae.

Key Points: 
  • LAKE FOREST, Ill., Nov. 17, 2021 /PRNewswire/ -- Diamond Residential Mortgage Corporation is pleased to introduce Jennifer Goldsby as VP, Renovation Lending and announce its approval to deliver HomeStyle Renovation loans directly to Fannie Mae.
  • Paul Diamond, CEO
    Diamond Residential Mortgage Corporation adds HomeStyle Renovation and HomeStyle Energy loans to its growing suite of renovation loan programs, including FHA 203(k) loans.
  • Diamond Residential Mortgage Corporation is a Midwestern-based mortgage banker with corporate headquarters in Lake Forest, Illinois.
  • Founded in 2009 by Paul Diamond, Diamond Residential Mortgage Corporation has since expanded to over 30 branch locations across the United States.