Guaranteed Rate Affinity’s George McFaden Expands Horizons with New Team to Better Serve San Francisco Bay Area Clients

George McFaden, a top mortgage professional with Guaranteed Rate Affinity, has launched his own team to better serve clients in the competitive San Francisco Bay Area. Leveraging Guaranteed Rate Affinity’s advanced fintech solutions, the George McFaden Team will offer faster pre-approvals, appraisals, and closings, providing a seamless and efficient mortgage experience.

CrossCountry Mortgage Expands Support for Hispanic Homebuyers

CrossCountry Mortgage (CCM), the nation’s leading retail mortgage lender, is bolstering its efforts to support Hispanic homeownership through new, dedicated resources and community partnerships. CCM has launched a Spanish version of its website, enhancing accessibility for Spanish-speaking borrowers. This follows the company’s introduction of a Spanish loan application last year, accompanied by educational materials and translation services to guide borrowers throughout the loan process in their native language.

Mortgage Tech Veteran Dan Sogorka to Lead Rocket’s Broker Business into AI-Driven Revolution

Rocket Companies has appointed Dan Sogorka as General Manager of Rocket Pro Third Party Origination (TPO), the mortgage broker business of Rocket Mortgage. Sogorka, with extensive experience in mortgage technology, aims to leverage Rocket’s AI capabilities to revolutionize the broker space, offering brokers and their clients an enhanced experience with streamlined processes and competitive pricing.

U.S. Foreclosure Rate Edges Up in Q1 2024

ATTOM’s Q1 2024 U.S. Foreclosure Market Report reveals a slight increase in foreclosure filings and starts, alongside a notable decrease in REO properties. Despite a persistent hot housing market, homeowners continue to hold significant equity, contributing to a relatively stable foreclosure landscape.

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