Page 2 - Corey Caster News Today

Hundreds of billions of servicing are being bought & sold out there. With Freddie & Fannie servicing trading at 5:1 (mid 3’s for Ginnie servicing), given current rates versus where servicing portfolios are, servicers are tapping into this source of capital instead of letting it sit on their balance sheet. Think of it as a savings account for a lender that retains servicing: with revenues dipping, the cash from a servicing sale can come in handy. Meanwhile, lender...

/PRNewswire/ -- Nations Lending, a leading full-service national mortgage lender, today announced it will be launching a new joint venture with...

Processing, MLO Jobs; Warehouse, Marketing, eClose, Efficiency Tools; Disaster Updates May 4 2021, 8:20AM Most other countries construct homes out of concrete, stone, steel, or brick, but here in the good ol’ USA we use wood. A renewable resource, right? I mention this because lumber prices, which the government doesn’t control (yet) have risen more than 300% year over year, hit another high on the Chicago Board of Trade yesterday, and contributed to median prices...

Nations Landing Readies Itself for Joint Venture Business with Addition of Key Hire Lori Phillips Tapped to Support Influx of New Branches as Nations Continues to Scale News provided by Share this article Share this article INDEPENDENCE, Ohio, April 29, 2021 /PRNewswire/ -- Nations Lending, a leading national full-service mortgage lender, has continued to build on its year-over-year growth with dozens of new branch openings. Today, the company announced it is adding additional support to ensure...

Press release content from PR Newswire. The AP news staff was not involved in its creation. Nations Lending Continues Building Leadership Team with Addition of New Divisional Sales Manager April 13, 2021 GMT INDEPENDENCE, Ohio, April 13, 2021 /PRNewswire/ -- Nations Lending, a leading national full-service mortgage lender, continued to scale its leadership team today with the hiring of Randy Koerner. Randy will play a direct role in building dynamic sales as well as supporting the company’s b...

Sales Mgt., MLO Jobs; Non-QM, Processing, ECOA, Subservicing Tools; Administration and Housing Apr 9 2021, 8:07AM What’s new out there? Queen Elizabeth’s husband Prince Phillip has passed away this morning at age 99. Wealthy people in New Yorkseem to be fleeing to live in other states with a lower tax rate. Both Freddie Mac and Fannie Mae released QM loan information that maps out their policies. Any lender originating Agency loans should be aware of their require...

Sales Director, MLO, Branch Jobs; Servicing, Sales, Jumbo Products; URLA and 4506-C News Jan 29 2021, 8:12AM One should never stop learning. For example, I just began reading a great book: “How to Cook Crack and Clean a Crab.” Step One: Use commas. I learned that the Bill & Melinda Gates team is the largest farmland owner in the United States. Last year’s overall net farm income is projected to rise 43 percent to $119.6 billion, according to the Department of Ag...

Nations Lending hires VP of strategic growth John Owens Nations Lending Corp., the Independence-based company billed as one of the fastest-growing mortgage lenders in the country, has hired John Owens to a newly created role of vice president of strategic growth. Owens will "play a critical role in driving production strategy, identifying growth opportunities and tapping into exceptional talent throughout the United States," said the company in an announcement. He will report to Corey Caster, e...