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Ohio-based Union Home Mortgage is the latest in a string of lenders this week to institute workforce reductions. Laid off workers talked to HousingWire. ....
“I don’t always go the extra mile, but when I do, it’s because I missed my exit.” And that extra mile costs more every week. Higher gasoline prices certainly hit service workers and commuters much harder than other segments of the population, namely higher wealth individuals. (Thank you to a reader in Utah who sent, “Breaking News: gas prices are now so high, it is actually cheaper to buy cocaine and run everywhere.” And there’s “Beer is cheaper than gas. Drink, don’t drive.”) Gas prices don’t show much inclination to slow down, unlike residential lending. U.S. lenders issued a record $4.4 trillion in mortgage originations in 2021, topping the previous mark of $4.3 trillion from 2020, so there is almost no place to go but down in 2022. So lenders are laser-focused on production. At the recent SimpleNexus user’s conference, someone told the assembled group that there is a 77 percent higher chance of fund ....
Union Home Mortgage has appointed Bryan Wright to vice president of national sales, Cyndi Garza to vice president of national business development, and Steve Runnels to vice president of retail sales, east division. In a statement, the company said that the executives will “contribute to the continued and rapid growth of the organization.” ....
Ohio-based lender Union Home Mortgage made changes to its leadership group, promoting three executives to vice president positions as the company seeks to boost its growth. ....
Union Home Mortgage (UHM) has announced the promotions of three executives to top retail leadership positions. UHM said today that Bryan Wright has been promoted to vice president of national sales; Cyndi Garza to vice president of national business development, and Steve Runnels to vice president of retail sales, east division. ....