New online service boosts collections, settlement rates

National Mortgage Professional

Apr 17, 2008

Peter Baird joins Metrocities MortgageMortgagePress.comPeter Baird, Metrocities Mortgage Peter Baird has joined Metrocities Mortgage as vice president, director of financial strategies. A San Francisco native, Peter is a 25-year veteran of the mortgage and real estate industries. He specializes in estate-level lending, integrating clients' mortgage solutions into their overall wealth management strategies. Through his training as a mortgage and financial consultant, Peter holds the designations of Certified Liability Advisor, Certified Mortgage Planning Specialist and Chartered Mortgage Analyst. Peter will serve as a member of Metrocities' Private Mortgage Banking (PMB), the company's division dedicated to high-net worth clients. In this capacity, he will access PMB's multi-lender platform and special relationships in the world's financial markets in advising clients and structuring mortgages. "I'm proud to be a part of Metrocities," said Peter. "It is a strong company and gives me new resources to serve my clientele. As a member of its Private Mortgage Banking division, my duties will not be to simply provide mortgages. I will contribute to my clients' overall financial planning, helping them maximize an array of future opportunities." For more information, visit www.metrocitiesmtg.com.

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Apr 17, 2008

Analysis and Data

N.Y. Fed: Short-Term Home Price Expectations Drop Sharply

Average one-year-ahead home-price growth expectations fell to 2.6%, the lowest reading since the survey began in 2014.

U.S. households participating in the Federal Reserve Bank of New York’s annual housing survey said they expect home prices over the next 12 months to increase at the slowest pace since the survey began in 2014. In contrast, the federal bank said, home price expectations ov...

Courts

Brokers Seek To Use UWM, Ishbia Claims Against Them in Ultimatum Suit

Brokers in Florida antitrust lawsuit say UWM's latest market share claims, Ishbia comments prove their case.

United Wholesale Mortgage (UWM)) Chairman & CEO Mat Ishbia was delighted to announce earlier this month that his company had claimed more than half (54%) of the wholesale lending channel during the fourth quarter of last year. That revelation, however, is now the latest...