MORTGAGE EXECUTIVE NEWSLETTER - May

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

MORTGAGE NEWS SPOTLIGHT

Unlocking home equity

Fannie Mae is making it easier for first time home buyers and those with student loans to qualify for a new home and take cash out to pay off high interest rate student loans.  This will allow many to tap into the 8 trillion in home equity to pay off some of the 1.4 trillion in student loan debt...Read More

4 reasons why the housing market struggles with low inventory

Unfortunately starter home inventory is at its lowest level in 10 years.  This tight inventory will pull down home sales for the year.  This will be an eye opener since last year was housings best year in the last 10... Read More

‘Something is wrong’ in the US, says JPMorgan head

The fix: Overhaul taxes, rein in rules, boost infrastructure investment, and most importantly we need trust and confidence, which will help the economy grow without spending...Read More 

Tax reform and what it means for housing

The Trump administration's newly released tax plan would basically nullify the current tax benefits of owning a home for many...Read More

MARKET UPDATE

Digital lending is everywhere we look now and lenders that are not at least talking about a digital plan may be falling behind and losing out on a huge opportunity to tap into millennial home buyers.

Embrace Home Loans opens digital marketing division ... Read More

FBC Mortgage starts online mortgage applications for wholesale and correspondent ... Read More

Castle & Cooke Mortgage initiates consumer direct lending channel ... Read More

loanDepot launches digital lending platform...Read More

Zillow introduces RealEstate.com focused on Millennials...Read More

Impac Mortgage expands non-QM production and servicing portfolio with 56 million raise...Read More

HIRING MANAGER TIPS

Onboarding Is Even More Critical for New Leaders ...Read More

10 Business and Recruiting Reasons for Requesting Salary Information...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.

REGIONAL OPERATIONS MANAGER – Managed wholesale, retail, and non-delegated correspondent channels for a top ranked lender funding 6B…grew production from 25M-130M/month…team was ranked #1 in company for 5 years with outstanding retention.  

EVP CONSUMER DIRECT - 17 years managing consumer direct call center sales and operations for nonbank lender.  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