Bay Equity Home Loans has been approved by Freddie Mac as a direct lender. Chartered by Congress in 1970 and commonly known as Freddie Mac, the FHLMC mission is to provide liquidity, stability and affordability to the U.S. housing market. Approved lenders can help people get lower housing costs and better access to home financing.Click to continue
It shouldn’t be difficult for a mortgage company to build and maintain a successful retail division. However, with that said, the job is still much easier said than done. I have been in the unique and fortunate position of working for some very diverse companies, meeting with owners, presidents and managers from just about every company you can think of. No two companies are run the same way, nor do all of them have the same long-term goals.Click to continue
For the second straight year, Bay Equity Home Loans has earned a spot on the San Francisco Business Times list of the “Top 100 Fastest-Growing Private Companies” in the Bay Area. Bay Equity was among a select group of financial firms to make the list, which ranks independent and privately held organizations according to their 2009-11 revenue growth, as certified by PricewaterhouseCoopers.Click to continue
Bay Equity Home Loans has announced that John Marler joined the firm as director of marketing and communications, and will be based in Bay Equity’s Portland, Ore. corporate center. His marketing responsibilities include branding, advertising, all forms of print and electronic marketing; as well as multi-media. He directs internal and external communications including media relations and public relations.Click to continue
The mere act of putting up a social media page does not guarantee traffic. You can create a killer business page on Facebook, post every day and even get some comments—only to find that after months of effort, fewer than 50 people “Like” your page, which has yet to drive any measurable new business. What we stress to our clients is that it is important to build a strong base of followers as quickly as possible, incentivize them to get more people involved and actively engage with them long-term.Click to continue
Bay Equity Home Loans has announced that John F. Cady has joined the firm’s sales management team as director of retail production. Cady, most recently with Stearns Lending, where he was senior vice president of national retail, brings 20 years of mortgage lending experience to Bay Equity.Click to continue
Bay Equity Home Loans has announced that its Santa Rosa, Calif. retail branch is participating in the Homes for Heroes and Friends of Heroes programs that provide homebuying, selling and maintenance discounts to everyday workforce heroes. Homes for Heroes is a community-minded, locally-driven organization committed to providing substantive housing-related savings to workforce heroes who are buying or selling a home.Click to continue
Bay Equity Home Loans has announced that it has completed a series of logistical moves designed to accommodate its rapid expansion over the past four years and into the immediate future. The moves entailed the consolidation of Bay Equity’s wholesale operations center in the East Bay from Pleasanton, Calif. to Concord, Calif., and the relocation of its corporate offices in San Francisco. The new 6,500-sq. ft. Concord Operations Center (COC) has an open floor plan design with only two private offices, plus a training/conference room.Click to continue
Bay Equity Home Loans has announced that Eva Sharma and Rob Phillips have returned to the company as wholesale senior account executives in San Diego. Sharma had previously worked for Bay Equity when it was just getting off the ground in August of 2008, and Phillips joined the firm in January of 2009. During that time they established themselves as a formidable team of high producers, closing approximately $30 million per month in transactions.Click to continue
Bay Equity Home Loans has announced the addition of Spencer Richardson as its director of northwest production. Richardson has focused his career in the Pacific Northwest and is now leveraging that experience to expand Bay Equity’s presence in the market, a major initiative for the company. In his position Richardson is responsible for opening and overseeing the firm’s new office in Tacoma, Wash. and for driving its business development efforts throughout the Pacific Northwest.Click to continue