In the latest installment of Friday Funding, we sit down with George Henley, executive vice president with Freedom Mortgage, to learn how the company's correspondent lending business is growing at a rapid pace.
Friday Funding is a HousingWire web series that profiles the lending segment in depth, while highlighting the operations and people that make this sector tick. In the latest installment, we sit down with Dan Hastings, executive vice president of Envoy Correspondent Lending Division, to see how the firm creates innovative partnerships one lender at a time.
In the latest installment of Friday Funding, we sit down with Jeff Seabold, president of the residential lending division with Banc of California, to see how the lender diversifies its business by operating across all origination channels.
In the latest installment of Friday Funding, we sit down with Tom Wind, executive vice president of residential and consumer lending with EverBank Financial Corp., to learn how the lender is preparing for the inevitable shift from a refinance-centric market to a purchase-driven one.
In the latest installment of Friday Funding, we sit down with Scott Henley, senior vice president of correspondent lending with Gateway Mortgage Group, to discuss how the lender maintains a personable rapport with its clients while still growing.
In the latest installment of Friday Funding, we sit down with Gabe Medrano, a regional sales executive for the correspondent lending division of NexBank, to learn how the lender does business the old-fashioned way with a modern twist.
In the latest installment of Friday Funding, we sit down with Impac Mortgage President
Bill Ashmore to learn how the mortgage firm distinguishes itself by educating clients and building market awareness.
In the latest installment of Friday Funding, we sit down with Dave Vida, president of loan servicing for LenderLive, to learn how the company strengthened its servicing platform by adding a correspondent division.
HousingWire recently sat down with Terri Davis, senior vice president of the correspondent channel with CMG Financial, to learn how the company fills the aggregator void and will launch a jumbo channel.
In the latest installment of Friday Funding, we sit down with the Senior Vice President of Correspondent Mortgage Services at BOK Financial Robert Ross to learn how the firm provides a unique and focused strategy.
In the aftermath of the financial crisis, low interest rates and strict capital requirements combined to make servicing a losing proposition for many banks. The sharp glare of regulators didn’t help either, as banks and nonbanks navigated the already thankless waters of servicing with a new target on their backs. But all that changed abruptly in the fourth quarter of 2016 with the one-two punch of a Trump win and a rate hike by the Federal Reserve.
Singling out the law that created the CFPB generated a backlash from Congressional Democrats, but it remains to be seen what Democrats can do to stop the Trump juggernaut. See what Mike Jones of Navigant advises servicers to do in this uncertain environment.
Portfolio managers and investors also have a vested interest in the expansion of the non-QM market. They have an appetite for non-QM assets as they represent an attractive yield opportunity. That’s why we’re seeing more “hold” strategies at work with current non-QM production.