Items Tagged with 'AIME'

ARTICLES

  • Battle erupts over allegations that retail lenders are overcharging veterans for mortgages

    AIME's Anthony Casa accuses Fairway, Quicken, others; Fairway fires back
    For approximately 18 months, HUD, Ginnie Mae, and the VA have been looking into whether certain lenders are aggressively targeting servicemembers and military veterans for quick and potentially risky refinances of their mortgages. And now, retail mortgage lenders are facing new accusations that they are overcharging veterans on VA loans. But these accusations aren't coming from the government. Rather, this is some rather nasty mortgage industry in-fighting.
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  • AIME’s Anthony Casa: Nothing personal against retail loan originators

    What's important is what's best for consumers
    When I speak out against the retail channel, my intention is just that — to attack the retail business model. I strongly believe the independent mortgage channel is more than the best option for consumers — it’s the best option for loan originators, as well. I think the retail mortgage banking model is broken and quickly fading, as giant banks and retail lenders concern themselves more with profit margin than with client service.
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  • Gary Vaynerchuk, Ryan Serhant bringing star power to AIME Fuse National Conference in October

    The event will be held in Las Vegas on Oct 12
    Competition in the mortgage business appears to be at an all-time high, as lenders consistently jockey to out-duel their competition in any way possible to win over the hearts of consumers and loan officers, alike. Disagreements are common and sometimes become public – like recently, when leaders from throughout the mortgage industry spoke out against comments made by prominent speaker Gary Vaynerchuk, who slammed homeownership, calling it a "bad use of upfront capital" and "not smart."
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  • From HW Magazine

    The battle for the broker

    Is there a resolution that works for everyone?
    We set out to ask how lenders were going to battle for the borrower. The answers we received changed our minds. There’s battle happening on a much smaller scale, and that’s the battle for the broker.
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  • Two channels battle for the purchase mortgage market

    Both sides showing very different strategies to success
    Last week, industry leaders gathered to share perspectives on rising rates, innovation and purchase origination at MBA Annual in Washington, D.C. and AIME FUSE in Las Vegas. All origination channels are facing the same market conditions, but market leaders are taking very different approaches to succeed in this rising rate, purchase-driven market.
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  • BRAWL founder thanks brokers, lenders that made movement a hit

    Anthony Casa began the BRAWL movement to implement change in whole-tail lending
    BRAWL has given mortgage brokers a real voice in the industry – one that can’t be ignored. The movement sparked meaningful change that has helped mortgage brokers grow their business. It started professional dialogue between brokers and wholesale lenders that, in many cases, has led to mutually beneficial solutions and working partnerships that are stronger than they were previously.
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  • Monday Morning Cup of Coffee: Quicken Loans/United Wholesale drama continues

    Also, Sen. John McCain dies, Powell talks rates and Warren Buffett slashes beach house price
    Senator John McCain died Saturday at 81 after a year-long battle with brain cancer. Also, there’s a bit of a situation happening between Quicken Loans and United Wholesale Mortgage, and it’s been a virtual he-said, she-said all week. We've got a recap for you. In case you missed it, Federal Reserve Chair Jerome Powell talked rates on Friday. Plus, the Internet is freaking out because Warren Buffett has apparently overestimated the value of his California beach house.
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  • AIME: The real story is borrowers simply get a better deal using brokers

    Trade group responds to Quicken/UWM conflict
    "The disparity between the rates being offered to consumers by independent mortgage brokers through the Quicken Loans Wholesale division in comparison to the rates being offered to consumers if they go directly through Quicken Loans retail or Rocket Mortgage is substantial," said AIME Chairman Anthony Casa.
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