Motto Mortgage Continues Its Growth With 200th Office Sold – NMP Skip to main content

Motto Mortgage Continues Its Growth With 200th Office Sold

Navi Persaud
Aug 26, 2020
Work team celebrating milestone.

Motto Mortgage is celebrating the sale of its 200th franchise since being established in late 2016 as the first national mortgage brokerage franchise in the U.S. The company also celebrated its best stretch of sales in franchise history, exceeding 60 sales during the 12-month period ending June 30.Motto Mortgage logo.

"We are enthusiastic about the expansion momentum of the Motto Mortgage brand, as well as the continued diversification of ownership across a multitude of leading real estate brokerage brands, and we plan to continue to invest in Motto's future growth and success," said Ward Morrison, president, Motto Franchising LLC, in a press release. "Two-hundred franchises sold is a huge accomplishment and major milestone for any franchise brand regardless of industry, but especially when you consider it took us less than four years to accomplish."

As interest rates hit historic lows over the past couple of months, the company saw substantial increases in its refinance business. The company also offers opportunities for mortgage professionals seeking to open their own businesses and independent investors interested in financial services.

 

Published
Aug 26, 2020
Manufactured Housing: The New Affordable Alternative

While the housing market is grappling with widespread affordability and supply, manufactured homes are gaining ground as a new alternative. 

Industry News
Dec 03, 2021
Angel Oak Home Loans Opens 3 New Branches

Continues expansion in Western U.S. with new branches in California, Nevada & Utah.

Industry News
Dec 02, 2021
Open Mortgage Names New President

Joe Stephenson, formerly of American Advisors Group, to lead daily operations.

Industry News
Dec 01, 2021
Homepoint Expands Refinance Program Offerings

Now offers Freddie Mac’s new refinance option, Refi Possible, making it easier for many homeowners with a Freddie Mac-owned mortgage to reduce their interest rate.

Industry News
Nov 30, 2021
Non-QM Lender Deephaven Hires Business Development VP

Dallas-based Tim Fisher charged with growing Deephaven’s correspondent business In Texas and surrounding states

Industry News
Nov 30, 2021
Biden Reappoints Powell As Federal Reserve Chairman

A signal that The Fed will continue its policies as inflation surges and economic uncertainty spikes due to an emerging variant of the coronavirus. 

Industry News
Nov 29, 2021