Guaranteed Rate Names New SVP Of Mortgage Lending For NJ

Navi Persaud

Sep 28, 2020

Elizabeth Nichols, a Senior Account Executive at Parkside Lending LLC, has been appointed to the Board of Directors of the New York Association of Mortgage Brokers

Retail mortgage lender Guaranteed Rate named Shaleen Mahtani senior vice president of mortgage lending in Parsippany, NJ.

"Shaleen has worked really hard over the years to earn the reputation as one of the top originators in the North Jersey market," said Joe Moschella, a regional manager of mortgage lending for Guaranteed Rate’s New Jersey region. Photo of Shaleen Mahtani

Mahtani has more than two decades of experience in the mortgage industry and has consistently ranked within the top 1% of mortgage originators at her previous employers. She has in-depth knowledge of products and guidelines and knows how to build relationships with clients and referral partners.

"Over the past 21 years, I have seen the mortgage industry change in exciting and challenging ways," said Mahtani. "Guaranteed Rate has responded to these changes with innovation and cutting-edge technology. The company will enable me to continue lending in all 50 states while remaining highly competitive with financing options and rates for my clients."

Link copied

Published

Sep 28, 2020

Analysis and Data

Mortgage Rates Fall For 3rd Straight Week

The 30-year mortgage dropped to 6.32%, lowest since mid-February.

Amid continued economic unrest, mortgage rates fell for the third consecutive week this week, Freddie Mac said Thursday. According to the government-sponsored enterprise’s Primary Mortgage Market Survey (PMMS), the 30-year, fixed-rate mortgage (FRM) averaged 6.32%, down 10 ...

Regulation and Compliance

Chopra: Nonbanks, Mortgage Servicers May Also Pose Systemic Risk

CFPB director tells Consumer Bankers Association conference such a failure could lead to 'chaos.'

What happens if a nonbank lender or large mortgage servicer fails? That’s a question that recently has been keeping Consumer Financial Protection Bureau Director Rohit Chopra awake at night. "A major disruption or failure of a large mortgage servicer really gives me a night...