- GSEs Announce Guidelines for Compliance With HARP Phase II
“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
- A Hand Up, Not a Handout: How Marginal Mortgage Reform Can Revive the Housing Market and Help Save Our Economy
The 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
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- Head of National Lender Supports GSE Loan Limit Raise in Letter to Congress
John 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
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- 2011 State of the Wholesale and Correspondent Channels: A National Mortgage Professional Magazine Roundtable Discussion
John 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
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- Wholesale is Part of the Solution … and Ready to Grow Again
The 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
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- Wholesale Market Share Drops
But 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
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- TMS Funding Launches Wholesale Mortgage Account Executives Hiring Campaign
Actively recruiting high quality AEs to position wholesale lending volume for significant growth in 2012 MILFORD, CONNECTICUT – (October 4, 2011), TMS Funding, the wholesale residential lending channel of Total Mortgage Services, LLC, announced today it is actively hiring new … Continue reading
- TMS Launches Jumbo Wholesale
TMS 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
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- TMS Funding New-Hires Featured on Progressinlending.com
MILFORD, 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
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- TMS Funding Welcomes Five New Account Executive Hires
MILFORD, 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
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