Herr joins the company from PennyMac Loan Services, where she was a Regional Sales Manager in charge of client relationships for the company's correspondent channel in five western states. Earlier in her career, she was as Senior Vice President at Mortgage Capital Management, Correspondent Sales Director at Stonegate Mortgage Corp., Vice President at JP Morgan Chase's wholesale and correspondent divisions and Vice President and Underwriting Manager at Merrill Lynch Mortgage Capital.Employers added just 29,000 jobs in September, sending Treasury yields lower and offering a potential counterweight to the recent rise in mortgage rates
The September jobs report gave the mortgage market something it hasn't had much of lately: downward pressure on Treasury yields.U.S. employers added just 29,000 jobs in September, while the unemployment rate edged up to 4.2%, according to the Bureau of Labor Statistics. The ...
The wholesale lender is adopting a new identity three years after acquiring Homepoint’s wholesale business and rising to No. 4 in industry rankings
The Loan Store has a new name after a three-year expansion that transformed the once-small wholesale lender into one of the largest players in the broker channel.The Tucson, Arizona-based lender has rebranded as Averra Financial Inc., effective immediately, the company annou...
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