Items Tagged with 'Scott Stern'


  • Maxwell adds former Roostify, Mercury Network exec Scott Stein as vice president

    Will oversee sales and business development
    Maxwell, a provider of digital mortgage software and a winner of HousingWire Magazine’s 2017 HW Tech100, announced Monday that it added Scott Stein as the company’s new vice president of sales and business development. In this role with Maxwell, Stein will focus on leading the company’s growth in the mortgage business.
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  • FHA's Stevens Talks Modernization with Lenders One

    Newly appointed Federal Housing Administration (FHA) commissioner David Stevens outlined his plan to modernize the agency and make it more efficient and profitable. His statements arrived at one of his first public appearances as FHA commissioner, at the Lenders One mortgage cooperative conference earlier this month.
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  • Getting a Second Opinion on Second Liens

    The Senate Banking Committee chairman Chris Dodd, D-Conn., and House Financial Services Committee chairman Barney Frank, D-Mass., late last week dispatched a letter to the heads of bank regulators, calling for action on the issue of second liens. Second mortgages held on banks' balance sheets, according to the congressmen, might be virtually worthless now that house prices across the country have plunged so many homeowners underwater.
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  • Lenders One Adds $17 Billion of Originations in Q109

    Lenders One Mortgage Cooperative, an national alliance of more than 130 mortgage bankers, originated $17.3bn of loans in the first quarter of 2009, up more than double from the $7.6bn volume it saw in the year-ago quarter. “Our Members are determined to originate a high volume of high quality loans to meet the needs of consumers during any economic climate,” said Lenders One CEO Scott Stern. "Achieving production of over $17 billion in the first quarter of 2009 is a clear testament that our members are taking advantage of the power of the Lenders One organization.”
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  • More Bankers Unite to Face Challenges

    In attempt to successfully wade the troubled waters of the economy, one national alliance of mortgage bankers is careful to continue its steady expansion. "Independent mortgage bankers must rely heavily on the help of their peers to transform today’s mortgage challenges into opportunities for growth," says Scott Stern, CEO of Lenders One. Following the addition of 42 new members in 2008, Lenders One Mortgage Cooperative continues to grow, adding seven new members to its cooperative in first-quarter 2009 and another six members in April.
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  • For One Lender, FHA Has Been a Vital Lifeline

    Government loans are hot -- so hot, in fact, that compared with total volumes through the third quarter of 2007, St. Louis-based Lenders One Mortgage Cooperative said Wednesday that origination levels of FHA/VA loans have more than tripled at the firm through the same period for 2008. The group, a national alliance of mortgage bankers, tracks and compiles origination activity of its more than 125 member companies by product, geography and member.
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  • Marketing Savvy Drives Growth at Lenders One

    Lenders One, a nationwide cooperative comprised of independent mortgage bankers, might be the largest origination machine you've never heard of. The group, which now boasts membership north of 120 companies nationwide, collectively ranks as the ninth largest originator and says it originates $35 billion in mortgages annually.
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