In the mid-2000s Orange County, California, was subprime Mecca. Just about every major subprime firm (and wannabe) was headquartered there or nearby, including Ameriquest, Option One, First Franklin and the like. And thanks to the collapse of those firms, there's plenty of cheap office space available in 'the OC.' But mortgage lenders ('A' paper firms, that is) are hiring again in the area. This Wednesday, Nov. 10, for instance, LendingTree will hold a job fair at the Hyatt Regency on Jamboree Road. The company hopes to hire 125 full-timers. That ain't chicken feed. By the way, if you know which subprime firm had its HQ on Jamboree Road drop me an email at:
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The borrower allegedly forged a VA document that claimed exempt-free status, leading the lender to mistakenly cover the cost on his behalf, prosecutors said.
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In a Facebook post last week, CEO Mike Kortas offered loanDepot loans officers who switch over to NEXA a one year membership for Nexa100 and a signing bonus.
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Indiana lawmakers are considering two more far-reaching property tax reforms before Senate Enrolled Act 1 has even been fully phased in.
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Sen. Elizabeth Warren and other senators sent a letter to six insurers challenging their use credit-based insurance scores to determine risk-based pricing.
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The reverse mortgage lender's net income fell 136% from $80 million year over year in the second quarter, but still increased funded volume by 21%.
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