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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt Talks AmCap Acquisition, Future Targets

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. In an exclusive interview with HousingWire, Ron Leonhardt, a former mortgage broker who founded CCM in 2003, confirmed conversations with the parties started years ago, although the transaction

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A Commission Lawsuit Is Filed In Arizona. But NAR Isn’t The Target

The wave of commission lawsuits have arrived in Arizona. In a copycat suit filed last Friday in U.S. District Court in Arizona, Joseph Masiello, an Arizona resident and home seller, accuses several real estate companies of colluding to artificially inflate real estate agent commissions. Masiello sold a home on an

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Mr. Cooper Names Former Wells Fargo, JPMorgan Exec Mike Weinbach As President

Mortgage giant Mr. Cooper Group has named Mike Weinbach, a former Wells Fargo and JPMorgan Chase executive, as its new president. He will succeed Chris Marshall, who is retiring at the end of 2024 but will assist with the transition. Weinbach, 50, will be in charge of the company’s operations, which includes originations, servicing and

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How Rocket Pro TPO Plans To Court More Brokers In 2024 

Rocket Pro TPO, the wholesale arm of Rocket Mortgage, hopes to woo brokers with a slew of product enhancements and services. Rocket Pro TPO‘s executive vice president Mike Fawaz shared major changes and commitments for the broker community at its IGNITE Live event on Monday afternoon.  Rocket Pro TPO affirmed

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The Agency Welcomes Three Top Producers In Seattle 

Three top agents from Realogics Sotheby’s International Realty moved to The Agency’s outpost in Seattle, Seattle Agent Magazine reported on Friday. Sandra Hines and Blake Waggoner from The Hines Group will join as senior broker and broker, respectively, and Dave Janssens will join as managing broker at the California-based brokerage

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