American Pacific Mortgage goes on a quest for expansion
APM is undeterred by the depressing mortgage outlook— the lender expects a 25% increase in origination volume in 2023 from its M&A deals.
Source: housingwire.com
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Point of Sale, Appraisal, Outsourcing, Appraisal Products; Mergers and Lender Closures Continue
Every lender or investor with an “a” in their name seems to be subject to rumors and news in recent months. (More on Flagstar and American Pacific below.) Know anyone named “Bernadette”? The name is actually Latin for, “The act of torching a mortgage.” (Yes, it is cutting edge humor like that which brings you back.) Burning liens isn’t a topic, but paying them off early is, and with mortgage rates off of their highs, early pay offs, or EPOs, were a conversation topic at the conference this week. And with it, loan officer compensation follows. Ca...
Source: mortgagenewsdaily.com
American Pacific Mortgage eyes further expansion
The California-based lender announced an asset purchase of Lend Smart Mortgage, which has close to 30 branches nationwide.
Source: nationalmortgagenews.com
APM acquires over two dozen branches from Lend Smart Mortgage
APM announced an asset purchase agreement with Lend Smart Mortgage to close more loans throughout the country.
Source: housingwire.com
Test site for intelligent, connected vehicles built in China's Wuhan
WUHAN, Aug. 5 (Xinhua) -- The construction of a test site for intelligent and connected vehicles (ICVs) was completed in the central Chinese city of Wuhan on Fr
Source: shanghaisun.com