This is why Fannie and Freddie mortgage initiatives won't work

This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
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Items Tagged with 'Wingspan Portfolio Advisors'

ARTICLES

Dimont & Associates terminates Wingspan relationship

Returns to independent operations
Ben Lane
Dimont & Associates, which was acquired by Wingspan Portfolio Advisors in May 2013, announced Thursday that it terminated its relationship with Wingspan, as a result of "recapitalization by existing institutional investors including THL Credit."
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MBA Hall of Honor gives back to military veterans

Financial services companies benefit veterans and their families
Sarah Wheeler
The MBA conference offers a variety of interesting, smart and funny (Michael Lewis!) speakers, but my favorite presentation so far has been the Hall of Honors, where the MBA recognizes companies in our industry who give assistance to military veterans and their families.
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Looming layoffs at Bank of America signal shift in mortgage servicing

Impact already being felt throughout industry
Ben Lane
The impact of Bank of America's $16.65 billion settlement is beginning to be seen in the mortgage industry. The settlement will affect more than just the bank, the aggrieved homeowners and the government. It isn’t just the big banks that feel the pain of these settlements. It affects everyone.
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Sources: Wingspan CEO and founder Steve Horne ousted

Founded company in 2008
Ben Lane
Several sources have confirmed to HousingWire that Horne was removed from his position two weeks ago and failed in his recent efforts to be reinstated by the company he founded.
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Wingspan furloughs Florida employees

Company admits it's just part of the mortgage servicing business
Ben Lane
Sources tell HousingWire that Wingspan also laid off dozens of employees at its Melbourne, Florida location last week. As with the Monroe layoffs, the Melbourne employees were reportedly told they were being “furloughed” by the company and could potentially be rehired if Wingspan acquires more business.
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Wingspan lays off employees at Monroe call center

Workforce was once 400, now less than 100
Ben Lane
The Monroe News-Star reports that it spoke to five people who were laid off last week by Wingspan. They told the News-Star that Wingspan told them they were “furloughed” and could potentially be rehired if the company secures more business.
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Wingspan looks to grow in Florida

Hiring for numerous positions
Brena Swanson
Wingspan Portfolio Advisors is looking to significantly expand its offices in Melbourne, Florida, hiring for a variety of mortgage-related positions.
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Wingspan promotes Eshna Ghosh to senior vice president of business development

Ben Lane
In her new role, Ghosh will continue to oversee Wingspan’s aggressive pursuit of new clients and expand current business lines.
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Wingspan CEO: 3 keys to success for servicers

Servicing now a hub of strategic partners
Brena Swanson
Wingspan Portfolio Advisors finished this past year with several key profile acquisitions that significantly increased the company’s size and revenue, but that's not where the storybook ends.
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Wingspan keeps open mind for acquisitions in 2014

Keeps evolving with the mortgage market
Brena Swanson
After a very successful year of acquisitions in 2013, Wingspan Portfolio Advisors said that they are still closely looking at the field for future growth.
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