Mr. Cooper lays off 420 while mortgage industry cuts mount
Some firms are undergoing their second or third rounds of terminations since the beginning of the year.
Source: nationalmortgagenews.com
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FirstBank getting out of direct-to-consumer mortgage business
Shortage of housing industry contributes to local bank’s decision
Source: nashvillepost.com
Lenders One Co-op Sets Up Lending Marketplace In Walmart Stores
You can find pretty much anything you need at Walmart, whether it's furniture, clothing, or kids' toys. Now Walmart customers can buy a mortgage, as the mega retail corporation partners with Lenders One Cooperative, a national alliance of more than 250 independent mortgage bankers, banks, and credit unions.
Source: nationalmortgageprofessional.com
Looking to stand out, ConsumerDirect Mortgage rebrands as Real Genius
Competing against similarly sized lenders in the channel was like battling in the octagon, said founder Jamie Thornton.
Source: nationalmortgagenews.com
It Takes 'Real Genius' To Rebrand Well
If you’re going to change the name of your business, you need to find a way to make it instantly memorable. Enter ConsumerDirect Mortgage and the Harmon Brothers. ConsumerDirect, a division of Nashville-based FirstBank, has announced it is rebranding to Real Genius. The company said the change will better align its brand with its industry-leading technology, which it says makes the mortgage process easier and more economical for consumers.
Source: nationalmortgageprofessional.com