PROGRESS In Lending – Page 23 – PROGRESS in Lending

Embrace Home Loans, a top-ranked national mortgage lender, announced that Greg Dalgarno has been promoted from sales manager to director of builder services. Based in Timonium, Maryland, Dalgarno will focus on growing Embrace’s new construction home lending business throughout the East Coast by forming partnerships with homebuilders and recruiting loan officers who specialize in new home construction. Dalgarno expects to hire 15 to 20 new loan officers over the next year.

In The News Loan Servicing

WaterfallCalc Helping Mortgage Servicers Beat FHA Deadline For Payment Supplement Agreement

June 18, 2024 PROGRESS In Lending

WaterfallCalc, a provider of expert guidance and loss mitigation technology for mortgage servicers, has released the FHA Payment Supplement Agreement documentation and automated claim process ahead of the January 2025 deadline imposed by the U.S. Department of Housing and Urban Development.

Execs On The Move In The News

Owen Lee Of Success Mortgage Partners, Inc., Nominated To Be 2025 MBA Vice Chairman

June 18, 2024 PROGRESS In Lending

The Mortgage Bankers Association (MBA) announced that Owen Lee, Chief Executive Officer at Success Mortgage Partners, Inc., (SMP) has been nominated to serve as MBA’s Vice Chairman for the 2025 membership year.

2024 Forecast In The News

What Is The Economic Outlook?

June 16, 2024 PROGRESS In Lending

The second quarterly installment of WFG’s “Quarterly Economic Outlook,” an informative and influential webinar featuring Williston Financial Group (WFG) Chairman and Founder Patrick F. Stone and Economist and Forbes contributor Bill Conerly, Ph.D., will take place on Tuesday, June 18th at 1 pm ET/Noon CT/10 am PT.

Expansion In The News

Planet Home Lending Adds Team In Jacksonville Headed By Area Sales Manager Tom Reber

June 16, 2024 PROGRESS In Lending

Planet Home Lending, a national mortgage lender and servicer, has hired Tom Reber (NMLS #450913) as Area Sales Manager in Jacksonville, Florida. Reber brings a wealth of experience and a vision for growth in key markets, aiming to expand the company’s presence in Daytona Beach, Jacksonville, Tallahassee and Savannah, Georgia.

In The News Our Magazines

Expand Profits

June 16, 2024 PROGRESS In Lending

This edition of our magazine tackles pressing issues such as …

May/June 2024 Edition

Unlocking Profitability In Mortgage Banking

June 16, 2024 PROGRESS In Lending

Executive Interview with Maylin Casanueva

May/June 2024 Edition

Marketpulse Data: May 2024 U.S. Foreclosures Increase

June 15, 2024 PROGRESS In Lending

Industry Trends

In The News Rebranding

Adfitech Rebrands As Mortgage Connect Risk Solutions

June 14, 2024 PROGRESS In Lending

Adfitech, a longtime provider of quality control and risk management services for the mortgage industry, has rebranded as Mortgage Connect Risk Solutions, a name that reflects its place under the umbrella of its parent company, Mortgage Connect LP.

In The News Inflation

Concerns About Inflation And Interest Rates Increase To Highest Levels In Two Years

June 14, 2024 PROGRESS In Lending

TransUnion’s (NYSE: TRU) newly released Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come as 55% of Americans remain optimistic about their household finances over the next year – the same percentage observed in Q2 2022 and similar to a 57% reading in Q2 2023. This optimism appears to be, in large part, driven by confidence in a stable employment situation and continued wage increases.