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Quantum hires bridging head Friedel as it plans short-term lending launch   – Mortgage Strategy

Quantum Mortgages has hired Wes Friedel as head of bridging finance as the buy-to-let lender prepares for its entry into this market in the spring. ย  The specialist lender says Friedel joins from Impact Lending where he worked for two years, and was a key part of its move into senior bridging as head of risk.ย  ย 
Northern Ireland United Kingdom Jason Neale Wes Friedel Quantum Mortgages Impact Lending

Appraisal Modernization, Cybersecurity, Non-QM, CRM Products; STRATMOR CU and Bank Forum

“When I was young, I was poor. But after decades of hard work, I am no longer young.” The quip about “The greatest cause of death is birth” aside, we’re all going to die. The question is, “How?” It takes a while for statistics to catch up, but in 2019 the biggest killers of Americans were heart disease, cancer, and being poor. “There were at least 180,000 poverty-related deaths in 2019, new research estimates, surpassing deaths from causes ...
New York United States Argyle John Hardesty Freddie Mac Mickey Schilling Elliot Salzman

Digital Trading, HOA Document, Work Verification, Fannie QC Products; Non-Agency, Reverse News; Q1 GDP Numbers

Born in Ukraine, Golda Meir said, “Old age is like a plane flying through a storm. Once you are aboard there is nothing you can do about it." (Doubtful anyone called her Goldy.) Her time as the Prime Minister of Israel ended in 1974, and since that time oldsters in our biz have seen the yield curve invert ten times, give or take. Bond traders are no longer fully convinced that the Federal Reserve will do one more quarter-point interest-rate hike, given the nervousness about First...
United States San Antonio Freddie Mac Tawab Abawi Sharon Reichhardt Susan Milazzo

TPO, CRM, MSR Cash Flow Analysis, Credit Bureau Cascade Products; Non-QM Program News; Another Data Breach

“I’ve had $8,000 in my bank account and I’ve had $8. Let me tell you, the $8 lasted longer.” $42 billion in deposits didn’t last long in Silicon Valley Bank. Until lunch, basically, as money was silently transferred to other depositories in a matter of hours. Western Alliance is in the headlines today, and at another “headline” bank, First Republic Bank’s stock price plummeted down but has leveled off since, although the stock is trading at...
United States New Hampshire Jerome Powell Anjelica Nixt Jim Park Ashley Terrell

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