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Guaranteed Rate hires new SVP of consumer direct sales

ATLANTA, June 13, 2019 /PRNewswire/ — Guaranteed Rate, one of the largest retail mortgage lenders in the country, announces the opening of a new branch in Atlanta, Ga., welcoming Dean Mellon as the branch manager. These new offices expand the company’s existing presence in Georgia, which includes.

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Guaranteed Rate is an industry leader in technology – almost every day we release something to make our jobs easier. Our ultimate goal is to make this an easy process for the borrower, and to get them approved as quickly as possible.

Guaranteed rate is a chaotic work environment. Their process makes no sense and it shows throughout the loan process. The owner could careless about anything but how much volume he does which means how big his paycheck will be. Their expectations are completely unrealistic. They hire when they are busy and lay off when they slow down.

Report: Alt-A Delinquency Rate Nearing 18 Percent Nomura and RBS await judge ruling on FHFA mortgage lawsuit Nomura and Royal Bank of Scotland were censured by a U.S. judge on Monday for allegedly misleading fannie mae and Freddie Mac while selling defective mortgage-backed securities.. The court ruling against Nomura and RBS may encourage other banks to settle mortgage-related suits brought by regulators and private investors rather than face the bad publicity and cost of an adverse judgment.The percentage of home loans in delinquency or foreclosure was 9.75 percent as of the third quarter, the lowest level in about five years, according to the trade group’s report. foreclosure start.

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Jeff Collins, at the O.C. Register, has a Q&A with Wayne Yamano, vice president at John Burns Real Estate Consulting: Loan mods won’t halt foreclosures, study shows Register: Your study says that five million of the 7.7 million delinquent homes will go through foreclosure or a "foreclosure-related procedure."

LPS: 7.12% of U.S. loans are delinquent The data set does not include loans from smaller servicers, which service a larger share of the prime market. Therefore, it is suggested that the credit quality of the average loan in the LPS data set is probably lower than that of a randomly sampled U.S. mortgage.*Existing home sales rebound in July KENTUCKY HOME SALES REBOUND IN AUGUST 2018 kentucky home sales followed the national trend by rising in August and reaching 5,485 transactions. This is a 4.3 percent increase over August 2017 and the second highest monthly sales for the state since June 2017. For the year, home sales are trailing 2017 by just 1.02 percent, with 35,838 transactions through the first eight months of the year.

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