Loan Officer Archives

After exiting wholesale, Fairway hires origination teams across the nation

May 7, 2024 mpsingh No Comments Real estate exiting, Fairway, Fairway Independent Mortgage, hires, Loan Officer, nation, origination, Retail Lending, Teams, wholesale, Wholesale Lending

After exiting the wholesale channel in February, top U.S. mortgage lender Fairway Independent Mortgage Corp. has decided to grow its retail footprint organically by hiring origination teams from various competitors. The company announced last week that, in April, it welcomed production teams that collectively originated more than $500 million in mortgage volume in 2023. These groups are bringing a [...]read moreAfter exiting wholesale, Fairway hires origination teams across the nation

Top LO Tim Potempa joins E Mortgage Capital

May 3, 2024 mpsingh No Comments Real estate Capital, joins, Loan Officer, Mortgage, OneTrust Home Loans, Potempa, retail, Tim, Top, Wholesale Lending

Top U.S. loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital, bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. “I’ve been in the industry since I was 18, so this year will be 22 [...]read moreTop LO Tim Potempa joins E Mortgage Capital

The ‘double-edged sword’ of dual licensing

April 17, 2024 mpsingh No Comments Real estate doubleedged, Dual, Featured Homepage, HWmember, licensing, Loan Officer, Real Estate Agents, Regulatory Compliance, Sword

Launched in the fourth quarter of 2023, Real-Finity Mortgage LLC has already funded more than $13 million in mortgages in Texas, California and Florida, with plans to expand to other markets in the U.S, according to the company. It has a small team of about 26 people and more are expected to join in the [...]read moreThe ‘double-edged sword’ of dual licensing

These LOs are TikTok sensations. They call a potential ban “unfortunate”

March 26, 2024 mpsingh No Comments Real estate ban, Call, Featured Homepage, Loan Officer, Los, potential, sensations, TikTok, unfortunate

It may be counterintuitive, but loan officer Scott Betley, a 32-year-old TikTok sensation, says he isn’t worried about a potential U.S. ban of the short-form video app. Betley, who has more than a decade of experience helping first-time and move-up buyers, joined NFM Lending as a loan officer in 2021. The following year, the Maryland-based [...]read moreThese LOs are TikTok sensations. They call a potential ban “unfortunate”