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A&D Mortgage secures $250M from Canyon Partners for RMBS push
The investment will help accelerate the joint securitization program between A&D and Imperial Fund Asset Management, enabling $5 billion in non-agency RMBS.
Top luxury group Team Fallico joins Baird & Warner in Chicago
Team Fallico was previously brokered at Dream Town but not part of the acquisition. This bolster’s Baird & Warner’s Chicago presence.
Tim Sorenson joins NAF to lead lending, recruiting in the Southwest
Sorenson most recently served as divisional executive vice president for Rate, where he led retail operations across several states.
Cambridge Wilkinson closes $100M forward flow agreement
The private real estate lending platform will focus on short-term bridge, fix-and-flip, construction and land development loans.
Loan officers, focus on quality not quantity
What’s the deal with all the discussion across the lending community about the fluctuation of the loan officer population recently? There have been social media posts and editorials debating the current total number of loan officers, whether the population has decreased, and if so, by how much. That’s not the right focal point: It’s time to shift from focusing on the size of the LO population to how productive its members are.
Fannie Mae’s title waiver pilot program, one year later
The future of Fannie Mae’s title insurance waiver pilot remains uncertain under new federal leadership, despite cost savings for borrowers.
Gary Keller warns of unpredictability in the housing market
According to the KW executives, they expect that unpredictability will lead to some people holding back on major investments, such as buying a house, unless their life circumstances dictate that they must make a move.
More women file civil suits against the Alexander brothers over sexual assault allegations
Eleven more women have filed sexual assault lawsuits against one or more of the Alexander brothers, adding to their mountain of legal woes.
Arizona Realtors, others dismissed from Masiello commission lawsuit
The Masiello commission lawsuit’s defendant list just got a bit lighter. On Friday, the suit’s lead plaintiff Joseph Masiello filed a motion to dismiss several parties voluntarily, but without prejudice, meaning that he could refile his suit against them in the future.
