Navy veteran and VA lending specialist Bryan Bergjans joined loanDepot as its national director of military growth and strategy. Bergjans brings nearly twenty years of military experience and mortgage industry know-how to the position. He previously worked with Caliber Home Loans for eight years, and continues to serve in the Navy Reserves as the Readiness…
Long-time loanDepot exec Viviana Abarca has been promoted to managing director of mortgage lending operations, the company announced. Abarca previously served as EVP of Lending Operations. In the last eleven years, she has held multiple positions across loanDepot, starting her tenure in 2013 as an underwriting manager. “We have a phenomenal team, a phenomenal platform,…
loanDepot introduced a new training resource for loan officers interested in expanding their knowledge of VA loans. The “VA Loan Officers Master Class” was designed to help LOs navigate the important and specialized world of veterans’ loans. VA loans offer huge benefits for America’s armed forces but can be difficult to close. Lenders working with…
Jeff Wilkish has been named Regional VP for New England at loanDepot, the lender announced in a press release. In his new role, Wilkish will oversee growth and performance at branches throughout New Hampshire, Rhode Island, Massachusetts, Maine, and Vermont. “As we considered how to fill this critical leadership position, we looked for someone who…
Earnings for the fourth quarter of 2023 are out, offering a view into how lenders did in the colder months and the year overall. Here’s a snapshot of how some of the nation’s top lenders handled last winter. Rocket Mortgage Rocket reported depressed earnings, with losses of $233 million quarter-over-quarter and a full-year net loss…
Earnings for the third quarter of 2023 are out offering a view into how lenders did. Here’s a snapshot of how some of the nation’s top lenders handled this summer. Rocket Mortgage Rocket reported solid earnings with a net revenue boost of 12.8% YOY, though profits remained effectively flat from Q2 at $1.2 billion. Originations…
By KIMBERLEY HAAS Veterans are encouraged to learn more about their home loan benefits after a national survey found that a majority of former service members do not know they are eligible for a zero-down payment plan. According to information from Realtor.com, just three out of 10 veterans know they can use their VA benefits…
David Smith has been promoted to Vice President of National VA Lending at loanDepot, company leaders announced. In this newly created role, Smither will spearhead loanDepot’s VA lending strategy, including outreach to both the military community and industry pros to promote knowledge of VA mortgage products. He will specifically lead the company’s VA Council, a…
FHA borrowers with loanDepot can now put zero down upfront with its new “accessZERO” program. The program offers up to 5% of a home’s purchase price in down payment assistance structured as a 10-year fully amortized repayable second mortgage. It is geared towards buyers who are struggling with saving for a down payment as home prices…
Dan Hanson has been named executive director of enterprise partnerships and acquisitions at loanDepot, the lender announced in a press release. In this newly created position, Hanson will spearhead new revenue opportunities, such as national referral relationships and acquisitions, as well as collaborate with senior leadership to boost profitability. He will also work to expand…
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