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Alison Calamia named new Generation Mortgage wholesale division AE
Generation Mortgage Company has named Alison Calamia as customer account manager in its wholesale division. Based in New Orleans, she will provide sales and support to Generation’s Wholesale team as...
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Avista Solutions announces new Web portal capabilities in Agile LOS
In response to preferences long expressed by consumers to lenders, Avista Solutions, an award-winning developer of the Avista Agile loan origination software system (LOS), has unveiled its completely...
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Broker buys banker: First Priority Financial acquires the assets of Austin...
First Priority Financial Corporation, a privately held retail mortgage origination firm (1,000 loan originators strong) has announced the intended acquisition of Austin Perry Financial Corporation, a...
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PHH Mortgage names Michael J. Dirrane EVP of sales
PHH Mortgage has announced that Michael J. Dirrane has been named executive vice president of sales, effective immediately. In his role, Dirrane assumes national responsibility for outside sales and...
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A View From the C-Suite: Wholesale and correspondent markets … what’s next?
At the beginning of this article, let me emphatically make this assertion … “As goes the future of Fannie Mae and Freddie Mac, so goes the future of the independent mortgage banker” and “As goes the...
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National Mortgage Professional Magazine presents: The State of the Wholesale...
It's doesn't take a genius to know that the wholesale channel now represents less than the inverse of what it did once control. What remaining players are left have strong business models that are...
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TMS Funding adds account executives Robin Buttner and Stephen Jaser
TMS Funding, the wholesale residential lending platform of Total Mortgage Services LLC, has announced the hiring of Robin Buttner and Stephen Jaser as wholesale account executives. Buttner and Jaser...
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Fairway Independent Mortgage enters the wholesale market
Fairway Independent Mortgage Corporation, one of the country’s largest mortgage bankers, has announced that it is entering the wholesale market with select banks, credit unions and brokers. The company...
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Bank of America Stops Foreclosures Nationwide
Just days after pulling out of the wholesale broker channel, Bank of America has released a statement claiming it is stopping the sale of foreclosed homes in all 50 states as it reviews potential flaws...
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Titan of Wholesale Lisa Schreiber Takes the Reins at TMS Funding
Total Mortgage Services LLC has announced the hiring of Lisa Schreiber as the company’s new head of its wholesale lending channel, TMS Funding. In her new role, as executive vice president of wholesale...
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Kinecta Federal Credit Union's Wholesale Division Expands to Handle Midwest...
Kinecta Federal Credit Union has opened a Midwest Operations Center in Rosemont, Ill. this month as part of the credit union’s expansion of its wholesale mortgage lending division. The Manhattan Beach,...
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REMN Adds Two AEs to Its Wholesale Division
Real Estate Mortgage Network Inc. (REMN) has announced the additions of Anthony Durso and Roger Del Giorno to the company's growing wholesale division. With 25 years of experience that bridges both the...
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Supply and Demand in the TPO Channel
Supply and demand is the most basic economic model for determining price in a market where demand is the amount of product or service that is desired and supply is the amount of product or service that...
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PRMG Expands Its Wholesale Ops Into the Northeast U.S.
Paramount Residential Mortgage Group (PRMG) has announced the expansion of its wholesale operations into the Northeastern U.S. and New England territories. The New England territory will be headed up...
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Liberty Home Equity Solutions Purchased By Ocwen Financial Corporation
Ocwen Financial Corporation announced that it has completed the purchase of Liberty Home Equity Solutions from Genworth Financial. Liberty will continue to offer reverse mortgages through direct,...
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