The far-reaching impact of “The House that SHE Built”

In 2018, Kristin Smith was tasked with starting the first-ever Utah Professional Women in Building group. In 2021, HousingWire featured a kudos on them, and now, almost a year later, we sat down with Terri Everhart, 2022 NAHB Professional Women in Building chair, to get … Continue readingThe far-reaching impact of “The House that SHE Built”

American Financial Network to pay $1M fee to resolve fraud allegations

Brea, California-based direct lender American Financial Network will pay about $1.04 million to resolve allegations that it fraudulently originated government-backed mortgage loans insured by the Federal Housing Administration (FHA). The settlement agreement announced by the United States Attorney for the Eastern District of Washington on … Continue readingAmerican Financial Network to pay $1M fee to resolve fraud allegations

American Financial Network to pay $1M fee to resolve fraud allegations

Brea, California-based direct lender American Financial Network will pay about $1.04 million to resolve allegations that it fraudulently originated government-backed mortgage loans insured by the Federal Housing Administration (FHA). The settlement agreement announced by the United States Attorney for the Eastern District of Washington on … Continue readingAmerican Financial Network to pay $1M fee to resolve fraud allegations

PIMCO-backed FGMC lays off most staffers

Mortgage lender First Guaranty Mortgage Corporation cut about 80% of its workforce on Friday and has stopped accepting new mortgage applications, HousingWire has learned. Former employees said the lender has “essentially shuttered.” According to two former FGMC employees, the company on Friday laid off around 500 … Continue readingPIMCO-backed FGMC lays off most staffers

PIMCO-backed FGMC lays off most staffers

Mortgage lender First Guaranty Mortgage Corporation cut about 80% of its workforce on Friday and has stopped accepting new mortgage applications, HousingWire has learned. Former employees said the lender has “essentially shuttered.” According to two former FGMC employees, the company on Friday laid off around 500 … Continue readingPIMCO-backed FGMC lays off most staffers

Mid America Mortgage rebrands to Click n’ Close

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.  Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native … Continue readingMid America Mortgage rebrands to Click n’ Close

Mid America Mortgage rebrands to Click n’ Close

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.  Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native … Continue readingMid America Mortgage rebrands to Click n’ Close