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Open Mortgage, a multi-channel mortgage lender based in Austin, Texas, has hired Brenda Hedeen, CPA, as its new chief financial officer to spearhead the firm's finance and accounting operations. Anthony Nolte, Open Mortgage's CFO and legal counsel since 2019, has been appointed to the newly created position of chief legal officer. ....
/PRNewswire/ Open Mortgage, a multi-channel mortgage lender dedicated to empowering the dream of homeownership, has selected Brenda Hedeen, CPA, as the new. ....
Here’s a stream of consciousness paragraph for you. “Rob, what are you hearing about companies laying off, furloughing, right-sizing, whatever, employees to cut costs while at the same time paying $500-$1000 to nominate one of their employees for some award?” I’m not hearing a lot, but I’ve always wondered about the value in publicizing your top employees for other companies and recruiters to learn about their accomplishments… To what end? And are you not going to send someone to a valuable conference, but pay a fee to nominate them for a soon-forgotten award? Lenders and vendors are coming off the sugar rush of the last two years and competing against companies who are weaponizing their two years’ worth of earnings. What are you going to do about it? Some lenders are fighting for their lives, dusting off notes on Homeowner’s Assistance or Down Payment Assistance Programs. No one seems to be using the term “recapture” ....
Doorway Home Loans welcomes one of the mortgage industry’s top-performing secondary marketing experts, James Hedvall, as its chief capital markets officer. He joins Doorway at a time of significant expansion for the company, which has doubled its production team in the last 60 days. ....
Lenders are focused on December, and 2022, and along those lines the MBA’s Chief Economist Mike Fratantoni will be presenting a forecast today for next year. Of immediate concern are year-end closings: this is the day of the year when a 30-day rate lock doesn’t quite match its name, given the upcoming holidays. There’s no forecasting or estimating 2022’s conforming loan limits… they’re a sure thing! Fannie and Freddie officially set the level at $647,200 for 2022, per the Federal Housing Finance Agency. It’s a jump of nearly $100,000 from 2021 and a leapfrog over what some investors and MI companies have been marketing for nearly three months. The conforming loan limit will rise in all but four U.S. counties. For most of the U.S. the 2022 CLL for one ....