First Community Mortgage named three additions to its growing team: Brook Benton, Jason Copeland and Jake McPherson as assistant vice presidents.
Benton brings close to 20 years of experience and was a founding partner and loan officer for BrightPath Mortgage prior to joining CenterState Bank's mortgage unit.
Before joining CenterState, Copeland was a senior loan originator with BrightPath Mortgage. In addition to extensive refinance experience, he specializes in purchase transactions such as FHA, conventional and VA, as well as refinancing. His bachelor's degree was focused on real estate.
McPherson spent four years with CenterState, first as a full-cycle recruiter, then overseeing an internal origination team and later as an originator. He previously was a national director with a tech management services company.
The U.S. housing market posted an overall mortgage delinquency rate of 2.8% in January.
January 2024 started on a low note, at least when considering mortgage delinquencies and foreclosures nationwide. In January 2024, 2.8% of all mortgages in the U.S. were in some stage of delinquency (30 days or more past due, including those in foreclosure), unchanged year-o...
Mortgage rates fell slightly this week, with the 30-year fixed-rate mortgage (FRM) averaging 6.79% according to the results of Freddie Mac’s Primary Mortgage Market Survey, released Thursday.
“Mortgage rates moved slightly lower this week, providing a bit more room in the...
As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.