Skip to main content

Branch Manager Stephen Bachman Tapped to Lead Mortgage Network's Wildwood Office

NationalMortgageProfessional.com
Mar 01, 2016
Stephen Bachman has joined Mortgage Network Inc. as a branch manager in the company’s Wildwood, N.J. office

Stephen Bachman has joined Mortgage Network Inc. as a branch manager in the company’s Wildwood, N.J. office where he will be responsible for serving homebuyers and homeowners throughout the Philadelphia and Jersey Shore areas.

Bachman brings to Mortgage Network seven years of mortgage banking experience in the Philadelphia and Jersey Shore areas. Most recently, he served as a loan originator for EverBank. A Navy veteran, Bachman is a native of Ocean City, N.J., where he resides with his wife, but is a former Philadelphia area resident. As a result, he has a strong knowledge of the entire South Jersey area and the versatility to handle situations in both the city and shore lending landscapes.

“Steve’s unique knowledge of both Philadelphia and the New Jersey Shore makes him the perfect fit for this role,” said Ted Lawler, Mortgage Network regional manager. “He will be able to help borrowers whether they’re looking for a primary residence near the city or a vacation home near the beach—or if they need to refinance.”

"I look forward to not just competing but dominating in these marketplaces, thanks to Mortgage Network’s wide array of lending products and programs and its best-in-class customer service and great support staff,” Bachman said. “Home prices in the shore area are still below their peak from before the Great Recession, and there is a large inventory of affordable homes. Combined with today’s low mortgage rates, millennials and other first-time homebuyers couldn’t ask for a better time to buy a home, and we can help them do it.”

Biden Appoints Sandra Thompson As Acting Director Of The FHFA

The White House appointed Sandra L. Thompson as acting director of the Federal Housing Finance Agency (FHFA), effective immediately. Her statement reveals that a permanent director will be confirmed in December.

Regulation and Compliance
Jun 24, 2021
Supreme Court Gives Biden Full Control Over Federal Housing Finance Agency

The U.S. Supreme Court gave President Joe Biden the authority to remove the head of the Federal Housing Finance Agency (FHFA) while dismissing claims from shareholders of Fannie Mae and Freddie Mac.

Industry News
Jun 23, 2021
Ocwen Financial To Acquire Reverse Mortgage Servicing Platform

Ocwen Financial Corporation's wholly-owned subsidiary, PHH Mortgage Corporation will acquire RMS' reverse mortgage servicing platform.

Industry News
Jun 18, 2021
UniteCT Emergency Rental Assistance Succeeds

Thanks to the successful launch of the UniteCT program, emergency rental assistance funds are helping Connecticut residents maintain housing.

Industry News
Jun 17, 2021
Angel Oak Mortgage Announces Initial Public Offering

Angel Oak Mortgage announced its initial public offering of 7,200,000 shares of its common stock at $19 per share.

Industry News
Jun 17, 2021
Mortgage Apps Rebound After Three Consecutive Weeks Of Declines

The Mortgage Bankers Association reported the first increase in mortgage applications after a three consecutive weeks on declines.

Industry News
Jun 17, 2021