MORTGAGE EXECUTIVE NEWSLETTER - June

Valuable mortgage industry insights, news, market updates, hiring manager tips and elite talent open to new opportunities.

MORTGAGE NEWS SPOTLIGHT

THE AMERICAN DREAM  Where is the line between lender risk and credit availability/home affordability?...Read More

FREDDIE SAYS 2017 is shaping up to be the best year for housing in over a decade...Read More

The mortgage industry is likely to face a MARKETPLACE EROSION...Read More 

RESTRUCTURING THE CFPB...Read More 

TRUMP'S PROPOSED BUDGET  HUD’s funding would decrease about 13.2%... Read More

MORTGAGE DATA The risk of a major attack is growing... Read More

BOTTLENECK TO ECONOMIC RECOVERY...Housing starts...Read More

TRUMP'S TAX PLAN  Need $608K+ Mortgage balance to take advantage of deduction...Read More

MARKET UPDATE

Wells Fargo is planning its reentrance into the private mortgage-backed security market for the first time since the financial crisis. 
10%...3%...1% - There are various low down payment programs available today but we must proactively educate borrowers about these solutions.

Guild Mortgage - 1% down mortgage program ... Read More

Gamechanger: Zillow selling homes with "instant offers" ... Read More

They're back: Wells Fargo private-label mortgage bonds. Consumer direct lending channel ... Read More

Home Point Financial / Stonegate Mortgage - Acquisition finalized ...Read More

BofA CEO: Introduction of 10% down would increase homeownership...Read More

HIRING MANAGER TIPS

Which of the 4 Levels of Talent Wealth Does Your Company Have? ...Read More

ELITE TALENT OPEN TO NEW OPPORTUNITIES

NATIONAL OPERATIONS MANAGER - Recently revived retail operations for a lender increasing operations pull-through from 41% to 74%, reduced turn-times cycle within Operations Centers while loan volume increased by 30%...managed 6 direct and 156 indirect.  Increased fundings from 3B to 10B within 2 years for a top ranked lenders wholesale channel…managed 10 direct and 250+ indirect.

TURNKEY CONSUMER DIRECT BRANCH TEAM - Funding 13M / 53 units monthly.  8 LO's, processors, closer, funder, post-closer and have their own office space.  Location: Salt Lake City, UT

MORTGAGE GENERAL COUNSEL / VP COMPLIANCE -  Built and managed legal department.  Architect of Compliance Management System. Oversees Compliance, Quality Control and Compliance Management System Departments.  Location: Sacramento

EVP CONSUMER DIRECT 17 years managing consumer direct call center sales and operations for nonbank lender.  Built call center from ground up. 4B in annual fundings.

SVP MARKETING  10+ years driving marketing for inbound/outbound mortgage call centers.  400% return on marketing, 80% annual growth.

SVP DIRECTOR IT -  20+ years as mortgage IT leader.  Many years managing all of IT.  Managed Data Center, Security, Helpdesk, and Software Development.  All lending channels.  Implemented B2B system resulting in company becoming a technology leader.

Contact us to learn more about these elite candidates  -  Call 760.274.6339

  760.274.6339