MLO Jobs; Risk Reduction Products; Marketing, Workflow Tools; JP s Earnings, and the MBA s Take on 2020 s Profits Apr 14 2021, 8:08AM I wear a stethoscope so that in a medical emergency I can teach people a valuable lesson about assumptions.” People shouldn’t assume that all offices are made equal. People in our biz shouldn’t assume that “all lenders are the same.” Jim Cameron from the STRATMOR Group has noticed a difference between depository banks and independent mortgage banks. Namely, banks are not only awash in cash, which will help them with HELOCs and other portfolio products, but appear to have larger pipelines heading into this slowdown in volume/reduction in margin. IMB’s mindsets are on cutting overtime, watching expenses. One CEO even told me about a small “RIF” (reduction in force) for his company in the coming weeks. Even though the pandemic is still in the headlines, 2020 performance is in the rearview mirror, which may tu
RoundPoint Mortgage Announces New CEO And Leadership Team
Company names Patrick McEnerney as CEO, Joseph M. Gormley as chief administrative officer, and Scott Bristol as head of retail lending
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RoundPoint Mortgage, a national originations,
servicing, and subservicing mortgage company, today announced its new leadership team, including Patrick McEnerney as chief executive officer, Joseph M. Gormley as chief administrative officer, and Scott Bristol as executive vice president of retail lending.
McEnerney, who was appointed by RoundPoint s board of directors, has over three decades of experience in the mortgage banking and financial services industries. He joined Freedom Mortgage in August 2020 as executive vice president and later took the helm at RoundPoint following the merger between both companies. McEnerney spent the prior 14 years as managing director of Deutsche Bank, where he oversaw a broad range of residential mortgage and mortga
Freedom Mortgage Becomes Nation s Top VA and FHA Lender Through Commitment to Helping Veterans and Underserved Borrowers
Company ranked the #1 VA and #1 FHA Lender in the U.S. in 2020 according to Inside Mortgage Finance
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MOUNT LAUREL, N.J., March 17, 2021 /PRNewswire/
Freedom Mortgage, one of the nation s largest full-service mortgage companies, has been ranked the number one VA and FHA (government-insured) lender in the country, funding more VA and FHA loans during 2020 than any other lender, according to Inside Mortgage Finance magazine.
Stanley C. Middleman, Freedom Mortgage founder and CEO, attributed the ranking to the company s dedication to offering special expertise and assistance to help military borrowers and first-time homebuyers find the best mortgage option tailored to their financial needs.
Fannie Mae Recognizes 31 Mortgage Servicing Partners for Operational Excellence, Customer Value
Annual STAR Program Assesses Fannie Mae Servicers Based on Key Performance Areas
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WASHINGTON, March 4, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) today announced the 2020 Servicer Total Achievement and Rewards™ (STAR™) Program results, which recognized 31 mortgage servicers for operational servicing excellence and customer value. Established in 2011, the STAR Program awards assess Fannie Mae servicers based on three operational and performance areas: general servicing, solution delivery, and timeline management. It s an honor to recognize 31 of our servicing partners as 2020 STAR Program award recipients for their respective commitments to customer service and industry best practices, said Malloy Evans, Senior Vice President and Single-Family Chief Credit Officer, Fannie Mae. While mortgage servicers always play an essen
Freedom Mortgage Corporation Begins Accepting Submissions for Celebrate Freedom Award
Company will recognize one hero - a service member, veteran, first responder or healthcare worker - at Independence Hall during 2021 Welcome America Festival in Philadelphia on July 4
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MOUNT LAUREL, N.J., March 1, 2021 /PRNewswire/ Freedom Mortgage, one of the largest full-service mortgage companies and the #1 VA and #1 FHA (government-insured) lender in the U.S., began accepting submissions today for the second annual Freedom Mortgage Celebrate Freedom Award. The winner will be announced on July 4, 2021 at the Wawa Welcome America Festival in Philadelphia, where the Celebration of Freedom Ceremony will be held. Freedom Mortgage is a returning presenting partner of the event.