National industry appointments update - 4/5/2007 – NMP Skip to main content

National industry appointments update - 4/5/2007

National Mortgage Professional
Apr 04, 2007

USDA adds American Southwest to guaranteed underwriting pilotMortgagePress.comUSDA Rural Development The United States Department of Agriculture (USDA) Rural Development has approved American Southwest Mortgage Corporation (ASMC) to underwrite USDA Rural Development Guaranteed Rural Housing Loans using the new Guaranteed Underwriting System (GUS). GUS was developed by USDA Rural Development to automate a manual underwriting process, which considers loan applications for approval. Oklahoma City-based American Southwest Mortgage Corporation is a mortgage lender and subsidiary of SpiritBank. For more information, call (888) 593-1003 or visit www.amswmtg.com.
Published
Apr 04, 2007
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021
Servion Taps Sagent For Consumer-First Servicing Tech Stack

A 7-year deal between Servion Mortgage and Sagent will equip Servion with Sagent's tech stack for performing, non-performing, and consumer experience.

Tech
Nov 29, 2021
Guaranteed Rate's Banosian Funds $2B In Total Loan Volume

The mortgage industry shouldn't be surprised by Guaranteed Rate's top loan officer, Shant Banosian, funding $2 billion in total loan volume during a record-breaking year. After all, “The Billion Dollar Man” is one of the top 5 loan originators in the U.S.

Wholesale
Nov 29, 2021