An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

A NAR board member tells (almost) all

For this week’s Houses in Motion, a miniseries that is part of HousingWire Daily, we spoke with Lisa Dunn about the pressing issues in real estate, including disclosure of agent commission.

Mortgage

Castle & Cooke Mortgage launches consumer direct lending channel

Will work to retain servicing customers and originate new loans

Castle & Cooke Mortgage, an independent mortgage lender, is expanding into consumer direct lending with the launch of a consumer direct team.

According to the company, the new team will work to “improve retention of clients in the company’s servicing portfolio and ensure the mortgage needs of all Castle & Cooke Mortgage's current borrowers are being met.”

Additionally, the consumer direct team will originate loans to consumers across Castle & Cooke Mortgage’s nationwide footprint.

According to the company, the consumer direct team will be staffed with loan originators licensed in all states in which Castle & Cooke Mortgage does business, and will work to provide consumers with access to conventional, FHA, VA and USDA purchase and refinance loans, renovation loans, energy-efficient mortgages, zero down payment options and other loan programs.

As part of the announcement, Castle & Cooke said that it hired Matthew Keyworth in late 2016 as managing director of consumer direct sales. 

According to the company, Keyworth brings more than 15 years of mortgage industry experience to the role.

Most recently, Keyworth served as vice president of retail sales and channel management for PennyMac.

“I was attracted by the chance to start and grow a consumer direct team to help defend Castle & Cooke Mortgage's portfolio and take advantage of other opportunities that only a team like this can provide,” Keyworth said. “Moreover, I appreciate the fact that the company is an established purchase lender with a broad product offering to accommodate the diverse needs of today's homebuyers.”

Castle & Cooke President and Chief Operating Officer Adam Thorpe said that Keyworth is the perfect choice to lead the consumer direct team.

“Matthew's experience in mortgage servicing portfolio defense and his familiarity working with multiple departments to improve business processes and ensure an optimal customer experience made him the ideal choice to lead our consumer direct team,” Thorpe said. “His leadership and the excellent team of talented originators behind him will make great strides toward Castle & Cooke Mortgage becoming an industry leader in both purchase and refinance business.”

Most Popular Articles

FHFA to make desktop appraisals permanent

Desktop appraisals, a temporary flexibility implemented in March 2020 amid lockdowns and social distancing, will become permanent, the FHFA said today.

Oct 18, 2021 By

Latest Articles

CFPB orders ‘Big Tech’ to turn over payment system plans

The Consumer Financial Protection Bureau issued a series of orders Thursday that will require large tech companies to hand over information on their payments systems to better understand how these firms manage and access users personal data.

Oct 21, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please