StoicLane Appoints Igor Simkin as CEO of Concordia Group Holdings
CHICAGO--(BUSINESS WIRE)--May 23, 2022--
Source: wsiltv.com
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Top News In Interfirst Mortgage Today - Breaking & Trending Today
Rocket offers voluntary buyouts to 8% of workforce
Rocket Companies said late Monday that it would be offering buyouts to 8% of its staff at its mortgage operations and title teams.
Source: housingwire.com
Some lenders won't survive the purchase mortgage market of 2022
HousingWire interviewed over a dozen analysts, mortgage executives, loan officers, and consultants to answer the trillion-dollar question: who is positioned to win in the purchase market, and who will likely bite the dust?
Source: housingwire.com
Union Home Mortgage promotes three to retail leadership positions
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.
Source: housingwire.com
Loan Officers In For A Rude Awakening: Layoffs, Acquisitions, Mergers
Mortgage professionals from every reach of the industry have profited hugely from the housing boom over the past few years, and in the meantime, some companies have bolstered their internal technology and automation to improve productivity. But, all good times must come to an end. Now that mortgage rates are on the rise, prices have reached astronomical levels, and demand is dropping off substantially, business is expected to take a nose-dive. Mortgage professionals have now entered into the land of acquisitions and layoffs.
Source: nationalmortgageprofessional.com