Ohio-based Union Home Mortgage boosted its market share by acquiring Amerifirst Home Mortgage. Now it’s got a new divisional leadership structure to support its “rapidly expanding, nationwide footprint.” Continue reading
The San Diego-based lender has completed five acquisitions in the past 18 months, unfazed by a 21 percent drop in mortgage originations and $39.1 million 2023 net loss. Continue reading
Upwards of 1,000 Academy Mortgage employees will make the transition to Guild, including more than 600 originators, Guild said in announcing the sixth acquisition in three years. Continue reading
Homebuyers don’t just want good rates, they want lenders to solve problems that will keep them from getting to the closing table, J.D. Power finds. Continue reading
The acquisition of the Aurora, Illinois-based, family-owned lender marks San Diego-based Guild Mortgage’s fourth expansion since December, according to an announcement on Monday. Continue reading
The defection of former Fairway division manager John Lowe and 40 colleagues who originated $350 million in loans last year “is equal to that of a mini acquisition.” Continue reading
Terry Schmidt was Mary Ann McGarry’s first hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich. Continue reading
Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down. Continue reading
Lender expands Spanish language access program launched in April to include disclosures that describe loan terms and fees. Continue reading
J.D. Power’s annual Mortgage Servicer Satisfaction Study finds customer satisfaction is 26 percent higher when mortgages are originated and serviced by the same company. Continue reading