Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Mortgage Tech Virtual Demo Day

Tune in to our live Virtual Demo Day on December 1st at 10am CT to experience demos from the most innovative tech companies in the Servicing, Audit and Post-Close space.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

People Movers

People movers: Gateway First Bank, Promontory MortgagePath and Mortgage Solutions Financial

Here's the latest on the business professionals making waves in real estate and mortgage

Gateway First Bank officially named Scott Gesell CEO and general counsel after serving as CEO on an interim basis since April 3. He will also join the board of directors of Gateway as a director. 

In the seven years that Gesell has been at Gateway First Bank, he has been a part of the executive management team responsible for the growth of Gateway, playing a key role in the in the formation of the bank in 2019, which was born out of the merger of a 100-year-old community bank with Gateway Mortgage Group.

Before being named CEO, he was chief administrative officer and general counsel for the bank and has also held senior roles at Colorado National Bancorp, American Residential Communities and First Nationwide Bank.

Scott Turnquest has joined Promontory MortgagePath, a provider of digital mortgage origination and tech-driven fulfillment solutions, as its new chief technology officer. 

Turnquest brings more than 20 years of technology experience to the company, with several years of experience operating solely in fintech, and he most recently held the position of chief technology officer at Kindur, a fintech startup aimed at helping the Baby Boomer generation plan for retirement. In his new role, Turnquest will oversee strategy and development for Promontory MortgagePath’s fintech offerings.

Colorado Springs, Colorado-based Mortgage Solutions Financial has promoted Ben Robinson to chief operations officer, bringing 20 years of mortgage and company operations experience to the position. 

Most recently, he served as vice president of operations at Mortgage Solutions Financial where he helped the company break multiple sales records. With a background in staff training, support and management as well as workflow and pipeline management, Robinson has built a strong working relationship between the company’s sales and operations teams.

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