Mortgage Production Profits Up on Employee Expense
As quarterly loan originations increased, independent mortgage bankers cut their per-loan employee expenses and doubled the bottom line.
Nationstar Adding Hundreds of East Texas Jobs
A new call center opening by next year in East Texas has Nationstar Mortgage LLC adding hundreds of new jobs in the region.
Underwriters Prominent Among Mortgage Hirings
Among dozens of job openings that are currently being filled at several mortgage-related organizations are residential loan underwriters.
Mortgage Origination Statistics
Several mortgage bankers recently reported a host of various loan production metrics in addition to residential loan servicing and staffing data. Some companies touted record activity.
Mortgage Business Expands at Caliber Home Loans
Quarterly mortgage lending shot up at Caliber Home Loans Inc. as the servicing portfolio increased and the size of the staff expanded.
More Ditech Layoffs, This Time in GA
Another round of mortgage servicing layoffs at Ditech Financial LLC brings to more than 220 the number of jobs recently cut.
Fastest Growing Mortgage Firms
Inc. magazine is out with its list of the fastest-growing companies in America, and there were four mortgage-related firms that ranked among the top 500.
loanDepot Obtains $150 Million in Debt Financing
loanDepot Inc., which decided to put a planned initial public offering on hold late last year, has now tapped the debt markets for $150 million.
Across-the-Board Growth at Movement Mortgage
Not only did home-loan production sprint ahead at Movement Mortgage LLC, but the company's staffing and servicing portfolio expanded.