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Mortgage Lenders Seeking To Serve Banks, Credit Unions

Some major mortgage lenders have announced efforts to attract new customers by partnering with banks and credit unions. Rocket Mortgage recently announced a partnership with Q2 Holdings Inc. that will enable banks and credit unions to offer its digital home loan application experience via Q2’s online banking platform.

Mutual of Omaha Mortgage Announces Wholesale Division

Mutual of Omaha Mortgage has announced it is entering the wholesale mortgage lending market, extending its business-to-business offerings. Partnership details and opportunities are now available on the company’s recently launched platform, https://moomwholesale.com, as well as featured in ReadyPrice, LenderPrice, and Loansifter (upon request).

Compliance, BI Platform, Community Bank Products; Primer on NBER, GDP, and Recessions

Compliance, BI Platform, Community Bank Products; Primer on NBER, GDP, and Recessions
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Waterstone poached over 60 Mutual of Omaha staff, suit claims

Waterstone poached over 60 Mutual of Omaha staff, suit claims
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Appraisal, Sales, Jumbo and Non-QM Products; Training and Events in July; Rates and Recession Fears

“I'm a multitasker. I can listen, ignore, and forget all at the same time!” We won’t, however, soon forget this part of the business cycle. “Rob, thank you for all your help placing ads for Ops staff for us. With the ‘Work from Home’ movement, and cutbacks, we don’t need all of this office furniture. Would you run an ad to sell it?” First off, I told the person that no, I wouldn’t. But more importantly, this well-known lender is experiencing what many lenders are, which is that cutting back can be just as difficult, if not harder, than expanding. We all knew that “refi burnout” would happen, but the speed at which mortgage rates have moved higher cutting refis, and purchase business not filling the void, surprised many. Originators have changed their tactics; Todd Duncan, renowned mortgage sales and training expert, will be discussing how LOs can adapt to this environment on The Rundown with Rich &

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