twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/
Mortgage Branch News | Net Branch | Mortgage Branch Directory
Coverage of new and existing net branch operations. Programs, payouts and other details. Profiles of brokers and net branch lawsuits.


Mortgage Branch Growth Busy in East Half of U.S., TX

Recent mortgage branch activity

March 31, 2014

By SAM GARCIA Mortgage Daily

portrait of Sam Garcia

Among a number of recently added mortgage branches, a majority are in the eastern half of the country. Three companies opened locations in Texas.

Branch managers can have full access to branch-specific financial information though a tool being offered for the Loan Vision Mortgage Accounting Solution, a March 17 statement said.

Included in the benefits promised are lower paper and printing costs and a significant reduction in manual workloads for departments that interact with the accounting platform.

Information about the service is at www.loan-vision.com.

In Colorado, Gold Star Mortgage Financial Group Corp. announced earlier this month that it opened a branch in Centennial. Gold Star says it is growing rapidly using a strategy supported by "excellent ongoing branch support through maintaining a superior operations infrastructure." Fifteen-year mortgage veteran Kurt Rogers was appointed branch manager.

Gold Star recruits branches online at www.goldstarbranch.com.

Earlier this month, Gold Star said it opened a location in Tysons Corner, Va. The new branch manager is Miguel Balbi, who reportedly has a decade in the business.

Sam Fisher -- whose background is primarily in advertising -- is overseeing a branch opened in Fairfax Station, Va., by GSF Mortgage. GSF National Sales Director Mike Maida noted, "Being licensed in multiple states paired with successful advertising skills will ensure the leads that they need to prosper."

Branch prospects can learn more at www.gogsf.com.

In February, GSF announced Michelle Nikolay is the new branch manager of its Marshfield, Wis., branch. Nikolay reportedly spent her career primarily in non-mortgage sales.

A branch has been opened in Madison, Conn., by San Diego-based iServe Residential Lending LLC, a news release last month said. Paul Constantinou was appointed branch manager.

iServe recruits online at www.iservelending.com.


Scott Green is managing a just-opened NFM Inc. branch in Eugene, Ore., a March 4 news release said. The branch was opened a week before Christmas. NFM reports being licensed in 29 states.

Branch recruiting information is at www.nfmbranch.com.

Dallas-based Supreme Lending said last week that it opened its first branch in Pennsylvania. The launch of the Philadelphia location is part of an expansion in the Northeast. Robert Cenci was appointed branch manager and has recruited six employees for the new branch.

Supreme's branch recruiting website is at www.supremebranch.com.

Mortgage Network Inc. announced this month the opening of a new branch in Quincy, Mass. Brian Moloney is leading the branch. The New England location reportedly brings to with more than 45 Mortgage Network offices that are licensed to do business in 21 states.

Danvers, Mass.-based Mortgage Network reports that its has originated an average of $1.6 billion in home loans since opening in 2000. Its website is at www.mortgagenetwork.com.

The debut of a Rhode Island branch in Providence was announced last month by Mortgage Network. Jesse Kenner, who will lead the branch, reportedly has nearly a decade in the business.

A retail branch was opened in Northbrook, Ill., by Mortgage Master as part of a midwest expansion. The company said Monday that Jorden Brok and Brett Lotsoff are co-managing the office. With the additional location, Mortgage Master says it has a total of four Chicago-area branches.

Earlier this month, Mortgage Master -- which reports a staff of more than 700 employees in 26 states -- announced a new branch in Houston managed by Michael Marlow.

The Federal Savings Bank said Monday that it opened a new loan production office in Austin, Texas. In addition to 15 employees that have already been hired for the location, another 15 are expected to be recruited over the next year. The company hires "only the best, most qualified loan officers."

A new location in El Paso, Texas, was announced on March 7 by PrimeLending. Dallas-based PrimeLending reports a total of 300 locations in 42 states.

A Savannah, Ga., branch was opened by Guild Mortgage Co., a March 13 statement said. Brenda Harden, who is heading the first new branch in the state, said in the statement that Guild is optimistic about the region.

Sun West Mortgage Company Inc. announced last month a new retail center in Abrams, Wis.

Absolute Mortgage recently opened a branch in Marysville, Wash., bringing its branch count in the state to a dozen.

Carlos Martinez, who reportedly has more than a decade in the mortgage business, is managing a new branch in Rockville, Md., for Equity Loans, a February announcement indicated. Rockville brings to two the number of Maryland branches for Equity Loans. The Atlanta-based company says it operates in more than 30 states.

"The mortgage industry is switching gears and the minority market is now one of the fastest growing segments in home purchases, so it is crucial for today’s lenders to be multilingual and have a diverse staff to relate to these different cultures," Martinez said.


Sam Garcia founded Mortgage Daily in 1998 and became its full-time publisher in 2000. Prior to his news career he worked in mortgage lending for two decades.

e-mail:
[email protected]


Mortgage Employment News | Employment Index | Employment Statistics
Job additions, layoffs and employment lawsuits. Employment data from the Department of Labor, state tracking, reports and analysis. Job finding tips.


Corporate Mortgage News
M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.


Logout forgot
password?

SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

secondary marketing

social media

servicing news

subprime news

wholesale lenders