Movement Mortgage and its philanthropic arm, Movement Foundation, has donated more than 400,000 bottles of water and a $150,000 matching grant to support Phoenix Rescue Mission’s fifth annual Code:Red Summer Heat Relief Campaign. Movement Mortgage volunteers joined the mission’s street outreach team to deliver the water and other heat-relief items directly to those living on the streets. In addition to the donated funds and bottled water, Movement Mortgage volunteers also assembled nearly 500 “Summer Survival Kits,” which included items such as t-shirts, sunblock, granola bars, hats and other heat-relief items to be handed out to the homeless during the citywide heat-relief campaign.
Wintrust Mortgage is partnering with Chicagoland Habitat for Humanity to build more affordable housing in the Chicago area. Wintrust will provide $40 million in below market rate mortgages for affordable housing. The investment will finance about 250 homes for Habitat for Humanity over the next four years, nearly doubling the projected number of affordable new and rehabbed homes to be made available in the city and suburbs. Wintrust’s $40 million pledge will help the nonprofit build another 60 homes per year.
Recently, New American Funding’s corporate location in Tustin, California, participated in OC READ’s Annual Family Picnic and Appreciation Celebration. OC READ is an adult literacy service of the Orange County Public Libraries. NAF employees helped organize the picnic to honor its tutors and learners.
Guaranteed Rate and FormFree announced that Guaranteed Rate is now closing mortgages between five and 10 days faster than its previous average after the company’s adoption of FormFree’s AccountChek automated asset verification system. Through the partnership, Guaranteed Rate clients can securely link to their banking, retirement and investment accounts and share the asset and deposit data needed to qualify for a loan.
Four loan officers with PrimeLending have been honored with Top 250 Latino Mortgage Originators Awards from the National Association of Hispanic Real Estate Professionals. Ranking first is Alex Varela, branch manager in Bedford, Texas; Oscar Reto, a production manager in Charlotte, North Carolina, ranked 93rd; Sylvia Sanders, a loan originator in San Diego, California, ranked 126th; and Christina Arias, a senior loan originator in Dallas, Texas, ranked 175th.
Rob Nunziata and Joe Nunziata, co-CEOs of Florida-based lender FBC Mortgage, have receive a regional Ernst & Young Entrepreneur of the Year Award in the financial services category. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities.