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AmeriTrust hires Shea Pallante as it preps for correspondent lending launch

Correspondent Lending, HWmember, Lenders, LendingLife, Mortgage, Non-QM, Origination, Team Leaders, Wholesale Lending /

AmeriTrust Mortgage Corp. has appointed Shea Pallante as chief revenue officer as the lender pursues a growth strategy that includes expanding into nondelegated correspondent channels and more than doubling its monthly origination volume. A mortgage industry veteran, Pallante joins AmeriTrust from non-QM wholesale lender Brokers First Funding. He previously served as president of now-defunct non-QM […]

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Logan Finance taps Chuck Vaughn for correspondent lending leadership role

Correspondent Lending, HWmember, Lenders, Mortgage, Non-QM, People Movers, Team Leaders /

Non-QM mortgage lender Logan Finance Corp. announced last week that Chuck Vaughn has joined the company as managing director of correspondent lending. Vaughn will oversee strategic initiatives, efforts to expand market share, the launch of Logan Finance’s select delegated channel and lead operational growth across its correspondent business. “We were seeking a proven leader who

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HomeAdvantage, Affinity Federal Credit Union relaunch partnership

Credit Union, Homeownership, HWmember, Lenders, Mortgage, Partnerships, Real Estate /

HomeAdvantage, a real estate benefits program for credit unions, has relaunched its partnership with Affinity Federal Credit Union — giving members renewed access to real estate tools, expert guidance and potential savings throughout the home buying and selling process. Through HomeAdvantage, members can access home search tools, local market insights, connections to experienced real estate

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Housing activity weakens in latest Fed Beige Book report

Beige Book, Federal Reserve, Homebuilders, Housing Market, Housing Market Data, HWmember, Lenders, Real Estate, Unemployment /

Housing activity weakened across much of the country, emerging as one of the clearest drags on overall economic performance, according to the Federal Reserve’s most recent Beige Book report. Most Federal Reserve districts reporting on residential real estate cited softer home sales, slower construction and reduced mortgage lending. Higher borrowing costs and affordability constraints continued

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Kind Lending restructures leadership team with new president and COO

HWmember, Lenders, Mortgage, People Movers, Team Leaders /

Kind Lending announced multiple leadership changes this week as company co-founder Yvonne Ketchum moves from the president role’s to a part-time role as president emeritus and executive adviser as she begins semi-retirement. As a result, chief operating officer Jennifer Folk will assume the role of president and Stephanie Gibbons has been promoted to COO. Before

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AD Mortgage survey reveals positive 2026 outlook

HWmember, Lenders, Mortgage, Mortgage Broker, Mortgage Rates, Non-QM /

AD Mortgage on Thursday released its first Mortgage Professionals Pulse Report & 2026 Outlook, which offers a glimpse into broker sentiment, performance, challenges and expectations based on a survey of more than 300 mortgage professionals nationwide. The survey, conducted in late November and early December, found that 70% of respondents said 2025 was a better

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Kind Lending hires Brett Stubbs as CFO

HWmember, Lenders, Mortgage, People Movers, Team Leaders /

Kind Lending announced on Thursday that Brett Stubbs was appointed as the company’s chief financial officer. Stubbs’s appointment, effective Oct. 9, is a part of a planned transition plan involving Gary Fabian, who served as CFO since the company’s founding in 2020. Fabian will retire at the end of this year. Fabian will continue supporting

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Mortgage rate locks stay strong, refis drive activity

HWmember, Lenders, Mortgage, Mortgage Rates, Non-QM, Optimal Blue, Rate Lock, Refinancing /

Rate-lock activity remained resilient in October despite seasonal cooling, according to Optimal Blue’s October 2025 Market Advantage Mortgage Data Report. Total lock volume declined 4.2% from September but remained 18% higher than a year earlier as borrowers responded to improving affordability and narrower rate spreads. Purchase locks slipped 1.5% month-over-month — in line with normal

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APM leaders discuss succession planning and 2026 strategy

HWmember, Lenders, Mortgage, Origination, Retail Lending, Team Leaders /

Last month, American Pacific Mortgage (APM) announced a leadership transition as the company nears its 30th anniversary. The company’s longtime chairman and former president and CEO, Bill Lowman, said he plans to retire after more than two decades with APM. As part of the leadership transition, Ned Payant, APM’s former CEO, stepped into the role of

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Exclusive: NFM Lending grows footprint with Homespire Mortgage acquisition

HWmember, Lenders, LendingLife, Maryland, Mergers and Acquisitions, Mortgage, Origination, Retail Lending /

Two Maryland-based retail mortgage lenders struck an M&A deal this week as NFM Lending has agreed to acquire Homespire Mortgage, the companies confirmed on Friday. The financial terms were not disclosed. With the acquisition, Linthicum-based NFM will expand its presence along the East Coast, while Homespire will gain access to new growth opportunities amid a

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