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Sixty-five workers are slated to lose their jobs when the Atlanta-based wholesale and correspondent lender, licensed in 48 states, ceases business operations on March 29. ....
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“Change is inevitable, except from a vending machine.” Corporate changes are the name of the game. Atlanta’s Crescent Mortgage’s bank owner is aligning all mortgage facets of the enterprise and moving to “retail only” and eliminating third party. Rather than wind down, Colorado’s Universal Lending is inking an agreement with Lower LLC in a partnership setting up Universal Home Loans being in the same markets as a division of Lower LLC and improve its competitive position. Every discussion that I’ve had with real estate agents lately involves a) thousands of agents leaving the business due to the lack of… business, and b) how 8 percent mortgage rates have absolutely ground transactions, and even interest in looking at properties, to a halt. Meanwhile, I’m having similar conversations with loan originators as a) NMLS licenses are declining, and b) 8 percent mortgage rates have ground activity to a halt. From a broker-d ....
Actress, animal lover Morgan Fairchild to headline fundraiser for Furkids Animal Rescue forsythnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forsythnews.com Daily Mail and Mail on Sunday newspapers.