by mdibrino@hqmloans.com | Apr 4, 2023 | Uncategorized
New York-based Signature Bank was the third regional bank to collapse after the failure of two California banks with exposure to cryptocurrency, Silvergate Bank and Silicon Valley Bank. But even with that ted triumvirate, the situation doesn’t compare to the GFC. “The...
by mdibrino@hqmloans.com | Apr 4, 2023 | Uncategorized
“My stepbrother worked at Wells Fargo Financial at the time,” he recalled. “I was kind of into that. It was dealing in big numbers and mortgages and homes. And I thought that sounded really exciting versus selling radio airtime, which is nothing – there’s nothing...
by mdibrino@hqmloans.com | Apr 4, 2023 | Uncategorized
SoFi expects the deal to be accretive in six months and it will not be material to the company’s 2023 financial outlook. “At SoFi, we’re on a mission to help people get their money right and purchasing a home is often one of, if not the, biggest financial decision...
by mdibrino@hqmloans.com | Apr 4, 2023 | Uncategorized
Cornerstone Home Lending has brought its mortgage subserving in-house with the launch of Cornerstone Servicing. The company has moved its servicing portfolio to Cornerstone Servicing after building a team and technology platform. Cornerstone said its new subservicing...
by mdibrino@hqmloans.com | Apr 4, 2023 | Uncategorized
FOA’s reverse mortgage platform currently offers options for retirees who need financing for home improvement and remodeling, home-sharing, and home equity loans. Spearheading the company’s new strategy are Graham Fleming as CEO and Kristen Sieffert as president,...