Lending

Quicken Loans accuses United Wholesale Mortgage of waging smear campaign in battle for borrowers

Quicken CEO: "We will expose their shady schemes"
In a recent exchange of emails with HousingWire, Quicken Loans defended its business practices, saying more than 25 C2 Financial LOs were left upset and confused by the latest development, while also accusing AIME members of trying to undermine its operations, namely United Wholesale Mortgage. Read through and judge for yourself.
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Atlantic Bay Mortgage Group, Virginia Community Bank abandon merger plans

Companies give up on merger after more than one year
After more than a year of working through the regulatory and financial hurdles, Atlantic Bay Mortgage Group and Virginia Community Bank announced this week that they are abandoning their plan to merge. The companies said this week that the timeframe to complete the merger “remains unclear,” so it's in the best interest of each company to move forward separately.
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U.S. Bank to promote Jodi Richard to vice chairman

Richard will oversee risk management and compliance efforts
U.S. Bank recently announced it will promote Jodi Richard to vice chairman and chief risk officer, following current Vice Chairman Bill Parker’s plans to retire in the upcoming months. Richard is expected to transition into the new position by early October.
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HECM professionals to gather in Texas for Reverse Mortgage Day

Annual conference will focus on origination strategies
As the reverse mortgage industry navigates a market in distress, HECM professionals will gather at the 19th annual Reverse Mortgage Day. Set in Austin next month, this year’s event will address issues affecting the industry and explore ways originators can succeed in this challenging climate.
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[LISTEN] Regtech Report, Episode 1: How do you define regtech?

Regtech defined with Craig Focardi, senior banking analyst at Celent
While regtech is a relatively new concept in the mortgage industry, it has already gained a great deal of traction in other parts of banking and financial services. Craig Focardi, a senior banking analyst at Celent, talks with HousingWire about what makes regtech different from mortgage tech and how you shouldn't be afraid to make the leap into adopting new technologies.
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Adam Constantine, digital content strategist at Movement Mortgage, to speak at engage.marketing

Learn how to navigate the ever-changing social media landscape
Developing a successful social media strategy can feel like log-rolling — it takes crazy-fast footwork just to stay afloat, and if you look away for just a minute, you end up in some deep water. That’s why we’ve invited Adam Constantine, digital content strategist at Movement Mortgage, to speak on effective social marketing at engage.marketing. Adam will join Chidi Erike, marketing science lead at Facebook, for what is sure to be a lively panel in our B2C track titled: Social Selling: Building relationships through Social Media.
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