PrimeLending Promotes Tim Elkins to Chief Production Officer

Sep 24, 2019

PrimeLending has promoted Tim Elkins to the role of chief production officer.

Elkins previously served as the Dallas-based company’s chief information officer and will now oversee the company’s retail production, marketing and multicultural lending teams, while continuing in his existing technology-related responsibilities.

Elkins joined PrimeLending in 2008 as senior vice president of technology and was promoted to executive vice president and chief information officer in 2012. Prior to joining PrimeLending, Elkins served as chief information officer at AmericaHomeKey and BSM Financial.

About the author

Phil Hall

Link copied

Published

Sep 24, 2019

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...