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Deephaven is proud to announce the Identifi™ Scenario Calculator which available to both Wholesale and Correspondent partners. Our company invests in new products, new processes, and most recently, new technology to help the originator. Deephaven is solely focused on the Non-QM marketplace. We continue to lead the way by providing capital, liquidity, technology, and process to this growing segment.
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Deephaven Mortgage, founded in 2012, was one of the first entrants into the market. As we near the halfway point of 2018, the velocity of growth, interest in the product and capital investment are at an all-time high. Non-QM volume continues to grow at a robust pace. You can also visit the CoreVest partners page or call 844.262.8177. View the free webcast by clicking this link. Hear from two industry veterans, CFO and VP of Wholesale at CoreVest, as they discuss how investment property loans can be your ticket to growing more business and clientele. Want to close more loans? Are they getting harder and harder to source? Discover what you can do when the conventional well runs dry. Once again, “to better align with current volumes.” (Those displaced can always post their resumes for free at for viewing by potential employers.) Wells announced increased layoffs in Maryland. The company is committed to their core conviction of GROWTH with a foundation of success plans and individual growth for their loan officers. Evergreen is hiring loan officers seeking a unique culture and great place to work. Candidates can learn about the Evergreen culture on its awards and recognition page and job openings on the Careers page. The top 5 branches have grown their production by 39% while other branches have increased production even more ($36M to $73M and $90M to $160M in 3 years). Average production per Loan Officer at Evergreen increased 42% over the past 3 years and the top 25 loan officers grew their production on average by 90% from 2014 -2017. But there are substantial, actual mergers and acquisitions in financial services that continue – see below.Įvergreen Home Loans is growing and hiring loan officers seeking a company that is consistently rated a best workplace and determined to help their family of associates grow. (Despite profitable branches remaining open and hiring.) And smart companies reinvest in their own personnel rather than paying big bonuses to bring outside producers in. An unprofitable branch is closed, and those displaced are saying the entire company is going under.
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One low-producing LO or AE is let go, and word spreads that the division or channel is closing. For lenders, the rumor mill and exaggeration also continue to churn. Today is the last day for the Supreme Court session, and the rumor is that Justice Anthony Kennedy will soon announce his retirement from the $250k/year position.