Reaching Millennials And Investing In Tech Considered A Recipe For Success

By KIMBERLEY HAAS Motivated millennials and the power of technology will shape the mortgage market in 2024, according to industry leaders who gathered this week to reflect on 2023 and strategize for the year ahead. During a “2024 Lender Strategies: What (Another) Unprecedented Year in Mortgage Taught Us” webinar hosted by Snapdocs, Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, said volume is predicted to increase by loan count to over five million this year. At the same time, total mortgage origination volume is expected to increase from $1.6 trillion to more than $2 trillion. Demographics will help contribute to a market rebound after a tough year in 2023. That’s…

Two Texas Lenders Announce Leadership Changes

Brian Ralston has been promoted to EVP, Chief Mortgage Banking Officer at NexBank, the company announced. Ralston moves up from his former role of SVP of Mortgage Banking, which he has held since 2013. In his new position, he will lead the strategic direction of the bank’s mortgage division.  Ralston remains responsible for all origination and servicing operations of the wholesale, non-delegated, and delegated correspondent channels, as well as warehouse lending. He is also the president of NexBank Title, Inc., which he helped establish. Ralston brings nearly two decades of mortgage banking experience to the role. He is a well-known industry pro who has served as a speaker and panelist at conferences covering the spectrum of mortgage lending. NexBank is…