Originations

Plaza Home Mortgage has announced that Eric Macwan has accepted the new position of vice president, chief information officer
Plaza Home Mortgage has announced that Eric Macwan has accepted the new position of vice president, chief information officer, responsible for strategic planning, oversight and continuous improvement of Plaza’s technology efforts. In addition, Eric will oversee the project management and business... Keep Reading....
Last year was a profitable one for independent mortgage banks and mortgage subsidiaries of chartered banks. According to the Annual Mortgage Bankers Performance Report issued by the Mortgage Bankers Association (MBA), these institutions earned an average profit of $1,346 on each loan they... more
DITIO Inc. has announced the Appraisal Institute’s awarding of the prestigious MAI Membership Designation to Mark V. Smeltzer
DITIO Inc. has announced the Appraisal Institute’s awarding of the prestigious MAI Membership Designation to Mark V. Smeltzer. Mark was also presented with the Appraisal Institute’s Residential Review Specialist Designation, which he had earned in 2016.   The MAI membership designation is held by... more
First California Mortgage Company (First Cal) has named 10 loan officers to its prestigious President’s Club
First California Mortgage Company (First Cal) has named 10 loan officers to its prestigious President’s Club in recognizing their customer service and performance for 2016. Each year, First Cal selects the top agents from across the country, and the honorees this year include:   ►Jeff Cameron from... more
It appears that more people are paying their mortgages on time
It appears that more people are paying their mortgages on time. According to new data from CoreLogic, 5.3 percent of homeowners were delinquent by at least 30 days or more (including those in foreclosure) on their mortgages in January, a 1.1 percent year-over-year decline from the 6.4 percent level... more