by mdibrino@hqmloans.com | May 9, 2023 | Uncategorized
Network Funding has announced the promotion of Richard Jefferson (pictured), previously vice president of sales and operations, to executive vice president of production. In his new role, Jefferson will oversee the company’s growing sales team and individual...
by mdibrino@hqmloans.com | May 9, 2023 | Uncategorized
Read next: Rithm Capital reveals plans to go public Newrez and its sister company, Caliber Home Loans, will offer the loan program in 10 metro areas, including: Atlanta-Sandy Springs-Alpharetta, Georgia Chicago-Naperville-Elgin, Illinois-Indiana-Wisconsin...
by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
“It’s huge growth, and we’re very excited to take on our partnerships with all the LOs and processors,” he said. “From an LO’s perspective, we’ll have the ability to lend to over 50,000 or 60,000.” Transaction casts spotlight on brokers The transaction has served to...
by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
“We continue to use our excess liquidity to repurchase our common stock. And during the quarter, we repurchased 923,000 shares at a weighted average price of $5.68, creating 2% of accretion for shareholders.” Durkin added that the company remains focused on...
by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
MD: When I started this journey as a mortgage loan originator, I set a personal goal to average at least two to three loans a month. Right now, however, I am getting ready to close a dozen loans in 45 days. I put in the time, and I nurtured my pipeline, and these...
