Tag Archives: focus

How one strategic focus has shielded brokerage firm from market shifts

Last year, the company posed $162 million across more than 500 units, he said. Tan credits the Association of Independent Mortgage Experts (AIME) with having helped him along his career. He recalls the sense of remoteness he had when he first started out, seeking advice from colleagues only to be met with reticence while being […]

Guild’s profit grows from servicing, purchase focus

Guild Mortgage’s servicing numbers and concentration on purchases led the company to a nearly fourfold first-quarter income gain, but company officials also indicated layoffs and turbulence lay ahead. Guild Holdings, parent of the San Diego-based lender and servicer, reported net income of $208 million for the first three months of the year, up from $42.2 […]

Broker’s prescient purchase market focus pays off

He gave MPA an outline: “It all goes back to the purchase aspect of things,” he said. “I went from a call center environment to loan officer in 2004 and I didn’t do my first purchase mortgage until 2013. And then I changed to a different city about 45 minutes out of w. I was […]