Items Tagged with 'mortgage lender'


  • Thousands of mortgage lending jobs at risk as refis drop

    Refinances prepare for lowest level since 2000
    Thousands of lending jobs are now at risk as the number of refinances continue to fall, threatening to sink to their lowest level since 2000. One expert said overall mortgage originations could see a decrease of 15% to 20%, leading to a job loss of about 10% within the mortgage industry.
    Read More
  • Reverse mortgage lender AAG expanding into traditional mortgage lending

    Plans growth throughout 2018
    American Advisors Group is one of the nation’s largest reverse mortgage lenders, but now, the company is expanding into traditional forward mortgage lending as well. According to AAG, it began piloting forward lending in 2017, and the company is now ready to roll out forward mortgages on a large scale.
    Read More
  • TCF Bank buying Rubicon Mortgage Advisors

    Lender operates in Minnesota, North Dakota, California, others
    TCF National Bank, a Minnesota-based depository, announced this week that it will acquire Rubicon Mortgage Advisors, a mortgage lender with offices in Minnesota and North Dakota and licenses to operate in South Dakota, Wisconsin, Colorado, and California. The companies say the deal is a win-win. Here's why.
    Read More
  • EXCLUSIVE: Nation's top mortgage lenders reveal their secrets to success

    What makes these companies tick? We asked, they answered
    HousingWire set out to find out how the nation's top 10 originators dominated the mortgage industry in 2016, including their best advice for up-and-coming mortgage lenders. Here’s what some of the top mortgage lenders say were the main drivers of their growth, and what they will be focusing on going forward.
    Read More
  • Another shocker: Sindeo is suddenly back in business

    Three weeks after shutting down, company's website is functioning again
    Three weeks ago, San Francisco-based mortgage technology firm Sindeo shocked the mortgage business when it closed down without warning, and seemingly without explanation. Now, in an equally shocking and unexpected move, Sindeo appears to be back in business, as if nothing happened.
    Read More
  • Insurance startup Covered plans expansion after capital raise

    Seed round of funding brings investments from venture capital firms
    Covered Insurance, a Denver-based startup that connects consumers and mortgage lenders to insurance providers, announced recently that it completed a seed round of funding in which the company raised $700,000. The company said that it plans to use the money to expand its operations to markets throughout the country.
    Read More
  • You've been warned: CFPB puts real estate agents, lenders on RESPA violation watch

    Enforcement now top priority
    RESPA — the Real Estate Settlement Procedures Act — is a current buzzword in the housing industry with an increased scrutiny from the industry’s top consumer watchdog. So far this year, the Consumer Financial Protection Bureau slapped Prospect Mortgage with a $3.5 million fine for violating RESPA and stepped up it ongoing investigation into Zillow for possible violations. If you’re looking for a sign, here it is.
    Read More