As JVs struggle, Rate names top salesman to head retail mortgage

Guaranteed Rate Inc.’s retail mortgage operations named Shant Banosian as president on Tuesday as joint ventures with Compass and Anywhere Real Estate strove to generate profits. Continue reading

JPMorgan Chase CEO says US ‘desperately needs mortgage reform’

Jamie Dimon doesn’t wade deeply into specific changes that he’d like to see in the mortgage industry, but in his new letter does point to his company’s new digital mortgage fulfillment process — which he says allows closings within three weeks — as a b… Continue reading