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JPMorgan Loses Former First Republic Teams to Citizens, Merrill Lynch

JPMorgan is losing two former First Republic teams totaling about $8.5 billion to Citizens and Merrill Lynch.

The Top Producers of 2024: Nos. 1 to 50

'Blood Widow' Exclusive: Chris Blake To Take On The 2014 Cult Hit

Chris Blake and producer Josh Moody are taking on the 2014 cult hit 'Blood Widow'! Learn more on Dread Central.

CRM Product; STRATMOR CD Workshop; FHFA on Lock-In Effect; Training and Webinars

I head to Central Texas today (A53 on Southwest; something about maybe seeing an eclipse); statewide Texas home ownership rate is about 64 percent. This is a shade lower than the 66 percent nationwide. (Home ownership & operational challenges facing lenders are a couple of the topics Mike Metz with Arizona’s V.I.P. Mortgage will discuss today at 2PM CT.) And a huge percentage of those homeowners have low fixed rates. People can be “locked-in” or constrained in their ability to make appropriate financial changes, such as being unable to move homes or sell assets due to tax burdens. In the U.S., nearly all 50 million active mortgages have fixed rates, and most have interest rates far below prevailing market rates, creating a disincentive to sell. These frictions, whether institutional, legislative, personal, or market-driven, are a real problem. The FHFA, Fannie & Freddie’s conservator, has a research piece on this since residential rea

Highlands Residential Mortgage adds top Texas producer

Josh Moody, who has originated nearly $2 billion in loan volume during his career, recently joined Highlands Residential Mortgage.