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 institutional-investor cap may grab headlines, but permitting, construction costs, and local building activity will have a much bigger say in how much inventory originators have to finance
I grew up around home building. My sister and her husband, with a little help from the rest of the family, spent years putting new homes on the market around Sacramento. So when I read a housing bill, I ask one question first: will it get anyone to break ground?The 21st Cent...
How lenders and brokers can test the default, challenge the findings, and preserve a workable resolution in DPA, P&L, and DSCR disputes
A repurchase demand can create an immediate liability before the lender has enough information to know whether the claim is valid. The demand may identify the loan, repurchase price, and response deadline without providing the payment history or calculations necessary to eva...
Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying
Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac
The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance