Skip to main content

Novus Home Mortgage Launched

Apr 24, 2019
Panorama Mortgage Group has launched Novus Home Mortgage as a new brand, focusing on conventional, government and specialty mortgages for the purchase and refinance markets

Panorama Mortgage Group has launched Novus Home Mortgage as a new brand, focusing on conventional, government and specialty mortgages for the purchase and refinance markets.
 
Novus Home Mortgage is licensed to conduct business in more than 35 states. Eric Egenhoefer, the Founder and former Chief Executive of Waterstone Mortgage, was named Chief Executive Officer of the new endeavor, which joins other Panorama brands including Alterra Home Loans, Legacy Home Loans and Inspiro Financial.
 
"All of the Panorama Mortgage Group brands benefit from the economies of scale it provides," Egenhoefer said. "In total, we have over 550 employees at Panorama. Each brand can leverage the same human resources team, the same accounting department and a host of other shared resources. We can lower secondary market, finance, accounting and IT support costs because of scale. The resources, platforms, and technologies that are available to 500-600 employees are far better than those of a smaller company."

 
About the author
Published
Apr 24, 2019
CMG Acquires Norcom Mortgage's Retail Side

The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.

Apr 12, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

NEXA Begins Search For New CFO

NEXA CEO retires the president position after Mat Grella's termination.

Apr 01, 2024
Recessions: Know What’s What

Volatile components present few indications about subsequent growth

Mar 28, 2024
Co-Founder Mat Grella Terminated From NEXA

NEXA CEO Kortas states negotiations regarding the buyout will continue.

Mar 27, 2024
Comings And Goings At AmeriHome

Chief Operating Officer John Hedlund announced his retirement on Thursday in a LinkedIn post.

Mar 22, 2024