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MLO Jobs; Risk Reduction Products; Marketing, Workflow Tools; JP's Earnings, and the MBA's Take on 2020's Profits


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, whi ....

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RoundPoint Mortgage Announces New CEO And Leadership Team


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 residentia ....

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