Mortgage Servicing, Staffing Grow at TMS
Not only did the mortgage servicing portfolio grow at The Money Source Inc., but the number of people working for the home lender increased. Annual originations, including wholesale and correspondent, are likely to fall.
Mortgage Fraud Scheme Uses Fake Employers
A new scheme been uncovered where bogus businesses are being listed as the employer of prospective borrowers on home loan applications.
USA Mortgage On Track to Maintain 2017 Lending
Based on residential loan production during the first three months of 2018 at USA Mortgage, the company is on track to keep up with last year's annual originations.
HQ Move Creating Over Thousand SC Mortgage Jobs
An intrastate move to a new headquarters location has a servicer of residential loans adding more than a thousand jobs in the Palmetto State.
Mortgage Servicing Grows at HomeBridge
During the past few months, HomeBridge Financial Services Inc. has expanded its mortgage servicing portfolio. Staffing, though, has been reduced.
Mortgage Originations From Year Ago at Navy FCU
Navy Federal Credit Union managed to boost its quarterly home lending volume from a year ago. The firm's mortgage servicing portfolio continued to grow. Staffing soared.
Regions' Mortgage Originations, Servicing Down
Although Regions Financial Corp.'s home lending was the lowest in four years, mortgage earnings were up from the preceding quarter. Mortgage assets, delinquency and servicing all fell. Headcount was trimmed.
Over Hundred Mortgage Layoffs in North Texas
A mortgage service provider that is based in the Golden State has eliminated more than a hundred jobs from a facility in the northern part of the Lone Star State.
Citizens Bank's Home Lending, Servicing Down
Mortgage originations were down almost a fifth on a quarter-over-quarter and year-over-year basis at Citizens Financial Group Inc. Also retreating was the servicing portfolio. Earnings, meanwhile, improved from a year previous, and company-wide staffing declined.
loanDepot Lifts Home Lending from Year Earlier
Quarterly mortgage originations were up from the same period last year at loanDepot LLC. The company trimmed its servicing and staffing from year-end 2017.