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Motto Mortgage Opens First New Hampshire Office

Motto Mortgage Opens First New Hampshire Office

by Phil Hall | Jul 17, 2024 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Motto Mortgage has expanded into the New Hampshire market with the opening of its new franchise office Motto Mortgage Sail Home in Nashua. The new office was established by David Duplessis, whose 35 years of industry experience includes work at Wells Fargo Home...
Q1 Mortgage Lending at Lowest Level Since 2000

Q1 Mortgage Lending at Lowest Level Since 2000

by Phil Hall | Jun 6, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The first quarter of 2024 saw the lowest level of home mortgage lending since 2000, according to new data from ATTOM. A total of 1.28 million mortgages secured by residential property were issued in the first three months of the year, down 6.8% from the previous...
IMBs Recorded Net Production Losses in Q4 2023

IMBs Recorded Net Production Losses in Q4 2023

by Phil Hall | Mar 18, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Independent mortgage banks and mortgage subsidiaries of chartered banks reported a pre-tax net loss of $2,109 on each loan they originated in the fourth quarter of 2023, according to new data from the Mortgage Bankers Association (MBA). This represented an increase...
Home Mortgage Lending Activity Sank During Q4 2023

Home Mortgage Lending Activity Sank During Q4 2023

by Phil Hall | Feb 29, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data report from ATTOM has determined there were 1.35 million mortgages secured by residential properties issued during the fourth quarter of 2023. This represented a 13.8% drop from the third quarter – the tenth decline in the last 11 quarters. The fourth...
Coleen Bogle Joins The Money Store as Chief Marketing Officer

Coleen Bogle Joins The Money Store as Chief Marketing Officer

by Phil Hall | Feb 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

MLD Mortgage, dba The Money Store, has hired Coleen Bogle as its chief marketing officer. Prior to joining The Money Store, Bogle served as the chief marketing officer at Draper and Kramer Mortgage Corp. Earlier in her career, she was a marketing program manager at...
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