Category Archives: News
← Older postsGSEs Announce Guidelines for Compliance With HARP Phase II
November 17, 2011“These changes are certainly a step in the right direction, and provided that rates remain low, should allow many homeowners to refinance and save a considerable amount of money. This will help the overall economy and put us closer to … Continue reading
Posted in News | Leave a commentA Hand Up, Not a Handout: How Marginal Mortgage Reform Can Revive the Housing Market and Help Save Our Economy
November 14, 2011The expression that we should give those in need “A hand up, rather than a handout” is based on the premise that responsible people will achieve success on their own if we help get them started on the right path; … Continue reading
Posted in News | Leave a commentHead of National Lender Supports GSE Loan Limit Raise in Letter to Congress
November 14, 2011John Walsh, president of Total Mortgage Services LLC, has authored an open letter to members of the U.S. House of Representatives urging them to temporally raise the lending limits of the government-sponsored enterprises (GSEs) to $729,750 without delay and raise … Continue reading
Posted in News | Leave a comment2011 State of the Wholesale and Correspondent Channels: A National Mortgage Professional Magazine Roundtable Discussion
November 1, 2011John Walsh: We see a tremendous opportunity in the wholesale channel today as many lenders have exited the channel and the remaining lenders do not seem to be providing real value, either from a rate perspective or service levels. However, I … Continue reading
Posted in News | Leave a commentWholesale is Part of the Solution … and Ready to Grow Again
October 25, 2011The mortgage industry has dealt with sweeping changes over the past few years significantly impacting the mortgage broker and wholesale lending. As a result, the wholesale origination model has been largely redefined. Although many brokers and lenders have left the … Continue reading
Posted in News | Leave a commentWholesale Market Share Drops
October 24, 2011But give the sector its due—thousands of brokers are still active and operating despite firms like Bank of America and Wells Fargo. And it’s no secret why brokers can keep their doors open: they don’t get paid unless they produce. … Continue reading
Posted in News | Leave a commentTMS Launches Jumbo Wholesale
August 22, 2011TMS Funding, Milford, Conn., is making jumbo loans available through its wholesale channel, president John Walsh told this publication. Walsh said the jumbo wholesale product is “competitively priced” and in hybrid loan form. The product is available as a 5/1, … Continue reading
Posted in News | Leave a commentTMS Funding New-Hires Featured on Progressinlending.com
June 7, 2011MILFORD, CONNECTICUT – (June 6, 2011), TMS Funding is committed to building a team of account executives with the strongest possible combination of integrity, sales leadership, technological savvy and customer service skills in the wholesale lending business,” commented Lisa Schreiber, … Continue reading
Posted in News | Leave a commentTMS Funding Welcomes Five New Account Executive Hires
June 6, 2011MILFORD, CONNECTICUT – (June 6, 2011), TMS Funding, the wholesale residential lending channel of Total Mortgage Services LLC, has hired five wholesale account executives with 72 years of combined experience in developing new business relationships and supporting mortgage brokers. Robert … Continue reading
Posted in News | Leave a commentTMS Comes on Strong in Wholesale
June 1, 2011MILFORD, CONNECTICUT – (June 1, 2011), Is now the time for a contrarian play in wholesale lending? Consider the case of Total Mortgage Services, an up and coming lender based in Milford, Conn. Today it announced that it has hired … Continue reading
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