Mortgage rates, loan limits and forbearance

We cover the increase in conforming loan limits for Fannie and Freddie and what forbearance numbers and record-low rates could mean for the housing market.

Untying business growth from the housing market cycle

Lenders need business growth that is not linear and is not tied to the market cycles – leveraging automation technology can help.

The practical use of AI for LOs

The combination of tightly-packed schedules and intensive oversight means augmenting loan officer’s efforts with intelligent systems is more relevant than ever.

HousingWire's 2020 Tech Trendsetters

This year’s list of Tech Trendsetters certainly earned their status as the industry was met with incredible challenges and new opportunities.

MortgagePeople Movers

PrimeLending promotes its president to CEO

Steve Thompson was promoted to president two years ago

PrimeLending, the mortgage lending subsidiary of PlainsCapital, announced this week that it promoted Steve Thompson its president and CEO.

Todd Salmans will continue to serve as the company’s chairman.

Thompson will take over as CEO on Jan. 1, 2020.

Thompson joined PrimeLending in 2011 as the regional manager for the Southwest. The company later promoted Thompson to Western division manager, and later to national sales leader.

In 2017, PrimeLending promoted Thompson to the role of president of the company. In that role, Thompson led the company’s 1,300-plus loan originators nationwide, as well as taking on responsibility for national operations, capital markets, joint ventures, and marketing.

Before he joined PrimeLending, Thompson held numerous leadership and production positions within the mortgage and financial services industry, including key roles at several prominent nation-wide mortgage lenders.

Most Popular Articles

The downside of the hot 2020 housing market: rapid home-price growth

The mismatch in the COVID deflationary impact toward the economy overall and the strength of the housing market due to demographics makes for a troubling formula for home-price growth, which we are seeing. The recent NAR existing home sales report showed 15.5% year-over-year growth in prices. HW+ Premium Content

Nov 30, 2020 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please