by mdibrino@hqmloans.com | Nov 14, 2022 | Uncategorized
Edelen joined Planet from Nations Lending where she most recently served as regional sales manager. In her 27-year career, Edelen has also held similar roles at loanDepot, Homebridge, SunTrust, and Bank of America. Read next: “When things get tough, you need...
by mdibrino@hqmloans.com | Nov 14, 2022 | Uncategorized
Mortgage Professional America: Can you tell us about your mortgage journey? How did you come into the industry? Sonya Valia: I was in consumer banking from 1997 to 1999. Then, I left for a nearby tech company, and while there, the bank was asking if I would...
by mdibrino@hqmloans.com | Nov 14, 2022 | Uncategorized
Owing more over time. Interest accumulates onto the balance that you owe every month as you receive the funds. This means that you owe more money as the interest on the reverse mortgage accumulates over the long term. Changing interest rates. Typically,...
by mdibrino@hqmloans.com | Nov 11, 2022 | Uncategorized
Revenue from partners was down 37% on a 26% decrease in transactions and mix shift to lower-value houses, according to Nielsen. Overall, real estate services revenue per transaction was up 1% year-over-year. The property segment, which consists primarily of homes sold...
by mdibrino@hqmloans.com | Nov 11, 2022 | Uncategorized
Moreover, the company incurred $29 million in restructuring charges, of which $25 million was for severance pay originating from past layoffs. The firm posted a net loss of $154 million compared to a net loss of $100 million in the third quarter of 2021 as lower...