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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, lenders and loan originators are being asked, “Are you trying to win, or just trying not to lose?&#...

/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 of existing homes rising by 17.2% in March. According to NAHB’s latest estimates, rising lumber p...

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 it can scale efficiently by welcoming Lori Phillips, VP of Production Onboarding, to the team. Lori...

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 branch development and sales growth. Randy comes to Nations after what has already been a successful ...