Phil Felice Real estate company Orchard has hired Phil Felice as its chief revenue officer and Elijah Meerson as its chief technology officer. Felice has nearly 20 years of experience in the industry, most recently as the U.S. CEO for Purplebricks. Prior to joining Purplebricks, he was a vice president of sales for NRG as…
As COVID-19 starts to loosen its grip on some of the nation’s coastal cities and begins a relentless march across the parts of the nation it hasn’t walloped yet, the rest of America is set to find out what happens to neighborhoods when the full force of the pandemic comes to town. When the virus…
Despite the efforts of the government over the last few months, there are still a great number of people confused about their financial relief options in the wake of the pandemic. Things have likely gotten at least a little better in the last few weeks as Fannie Mae, Freddie Mac, and the government itself have…
As the majority of the housing industry transitioned to working from home due to COVID-19 health concerns, many appraisers remained on the front lines. The Appraisal Institute and several other organizations rallied to deem appraisers essential workers so they would be exempt from stay-at-home orders, but that designation also put them in harm’s way. The…
This year’s 2020 Class of Rising Stars celebrates 50 young innovators moving the housing industry forward. Coming from all sectors of housing – mortgage, real estate, fintech, servicing and more, these up-and-coming leaders are blazing their own trail. The norm is no longer good enough. These Rising Stars are taking the lead on revolutionizing the housing…
As travel has been significantly minimized and less people are renting out Airbnb‘s, it leaves vacation rental owners in a bind, with some paying multiple mortgages. While Airbnb has mended some of its policies to accommodate the extenuating circumstances, are vacation homeowners protected with mortgage forbearance? Airbnb, which recently cut about 25% of its workforce…
After the Great Recession, the number of big-city residents boomed. Flush with jobs and thirsting for modern high-rises, young adults and families moved into dense metro areas with amenities at their doorsteps and strips of restaurants blocks away. But those walkable urban areas have become less affordable in recent years, and the quintessential dream of…
In this year’s ultra-competitive and sometimes chaotic mortgage market, product and rates are just one part of winning business and expanding your customer base. It’s a motivated sales team, with defined goals, that ultimately grows market share. That’s the crux of Christine Beckwith’s sales coaching and why we’ve invited her to speak at next month’s…
Spring has historically been dubbed “homebuying season,” but as the last few months have been shut down due to the COVID-19 pandemic, is summer the next best thing? The beginning of 2020 saw the strongest time for mortgage purchase applications, and around late February into early March, homebuyers were getting antsy to purchase. It seemed…
With more than 30 years of mortgage industry experience, Patty Arvielo helms New American Funding‘s daily operations of more than 200 branches, 3,300 employees and a servicing portfolio of more than 131,000 loans for $32 billion. That operation has exponentially grown from the one Arvielo and her husband, Rick, founded 17 years ago. The duo…