Fairway shakes up reverse division as Accola departs for Movement

By: ameer@trustedteam.com

Madison-based Fairway Independent Mortgage Corporation announced on Monday that it is ramping up investments into its reverse mortgage division and reorganizing its leadership structure. This will include “decentralizing” its...

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Top Originator Spotlight: Tina Hogan of Network Funding

By: ameer@trustedteam.com

TH: Last year, I was given a referral by our local housing authority. They had homes that they owned that had been rented out to underserved families. The housing...

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Housing Market Tracker: Housing inventory falls once more

By: ameer@trustedteam.com

We are off and going now, as seasonality has kicked into full gear with the purchase application data. And, so far, it’s been a good start to the year. Here’s...

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SoFi’s bank charter drives positive outlook, but layoffs hit tech unit

By: ameer@trustedteam.com

SoFi Technologies said the benefits of its bank charter outweighed home loan and student loan challenges and helped its fourth-quarter performance while it also announced layoffs in its technology...

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AmeriSave accused of defamation, failure to pay wages in lawsuit

By: ameer@trustedteam.com

A group of 11 former employees are accusing AmeriSave Mortgage Corp. in a new lawsuit of failing to pay the wages, bonuses and commissions that were agreed to when...

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PacWest restructuring Civic Financial Services’ operations

By: ameer@trustedteam.com

PacWest Bancorp is restructuring its operations as it looks to exit silos and unify its business lines. That includes making changes at its Civic Financial Services mortgage lending business."PacWest...

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Amerisave defamed laid off employees, suit claims

By: ameer@trustedteam.com

Laid off employees of AmeriSave Mortgage Corp. are slamming the lender in a class action lawsuit, claiming the firm disparaged workers following a mass termination and that it owes...

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