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Deephaven Mortgage Names New Chief Operating Officer

Deephaven Mortgage Names New Chief Operating Officer
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Deephaven Mortgage appoints Aaron Drago as new COO

Non-QM lender Deephaven Mortgage, owned by alternate investment firm Pretium, appointed Aaron Drago as its chief operating officer. ....

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Deephaven Mortgage Hires Lisa Heitzmann as Chief Operating Officer

Deephaven Mortgage Hires Lisa Heitzmann as Chief Operating Officer
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Lisa Heitzmann Joins Deephaven Mortgage As COO

Lisa Heitzmann, an experienced mortgage leader and strategic advisor, has joined non-QM lender Deephaven Mortgage as chief operating officer, the company has announced.. She will oversee the operations of Deephaven’s internal underwriting, wholesale, and correspondent teams. The firm sells its non-QM/non-agency products through a national network of independent mortgage brokers, and purchases them from hundreds of correspondent partners. ....

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Non-QM, CFPB Readiness, Homeowner Monitoring Products; Title Survey; Upcoming Events; IDS Sale

“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 ....

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